Non Applicability of Statement of Deviation or Variation under Reg. 32(1) of SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015for the Quarter ended 30th June 2025
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Megri Soft Limited has informed BSE and MSEI that SEBI's Regulation 32(1) is not applicable to the company for the quarter ended 30th June 2025. This regulation requires listed companies that have raised funds through public issue, rights issue, preferential issue, or QIP to file a statement showing any deviation or variation in the use of proceeds. Since Megri Soft did not raise any funds through any of these routes during Q1 FY26, the filing requirement does not apply. The letter was signed by Saloni Garg, Company Secretary & Compliance Officer, on July 14, 2025.
This is a routine negative disclosure with no impact on shareholders or stock price. It simply confirms the company did not undertake any fresh fund-raising activity in the quarter, so there are no proceeds to report deviations on.