Pursuant to Regulation 32 of the SEBI (LODR) Regulations, 2015, we hereby confirm that there is no deviation or variation in the utilization of these proceeds for the financial year ended 31-03-2025.
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Mayur Floorings Ltd has submitted a regulatory compliance filing to BSE under Regulation 32 of the SEBI (LODR) Regulations, 2015. The company confirms that there has been no deviation or variation in the utilization of proceeds raised from a prior fund issuance for the financial year ended March 31, 2025. In other words, the money raised was used exactly as stated in the original offer document, with no diversion to other purposes. The letter is signed by Managing Director Mahavir N Sundrawat and is dated May 28, 2025. No new financial figures, fundraising activity, or corporate action is disclosed in this filing.
This is a routine annual compliance disclosure with no direct impact on share price or shareholder value. It serves as a confirmation of fund-use discipline, which mildly reassures investors but does not signal any new business development or capital event.