Statement of Deviation for the Quarter ended September 30, 2025.
Price
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Awaiting price reaction for this filing.
Moongipa Capital Finance has submitted a Nil Statement of Deviation under SEBI Regulation 32, confirming that there is no deviation or variation in the use of proceeds from its Rights Issue. The company had raised ₹1,527.40 Lakhs through a Rights Issue with a date of allotment of January 02, 2025, as per the Letter of Offer dated November 27, 2024. All funds raised have been fully utilized by the quarter ended June 30, 2025, in line with the originally stated objects. The Audit Committee reviewed the statement and raised no comments, and no monitoring agency was applicable.
This is a routine compliance confirmation indicating responsible fund management — the company used the rights issue proceeds exactly as promised to shareholders, with no diversion. Neutral to mildly positive for investor confidence, though it carries no direct stock price catalyst.