Please find enclosed statement of deviation or varaation.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mizzen Ventures Limited has filed a statement confirming no deviation or variation in the utilisation of funds raised through a preferential issue. The company raised Rs. 315.90 lakhs on March 30, 2026, via preferential issue. The funds have been fully utilised (Rs. 315.90 lakhs) for the stated purpose of investing in and granting loans to companies for future expansion, growth opportunities, and working capital requirements. The Audit Committee reviewed and confirmed the compliance on May 26, 2026.
No deviation means the funds were used as originally committed — this is a routine compliance filing with no immediate shareholder impact. It confirms proper utilisation of the preferential issue proceeds.