Declaration on Non- applicability of Regulation 32 "Statement of Deviation (s) or Variation (s)''" for the Financial and half yearly ended March 31, 2026
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Octaware Technologies Ltd has submitted a compliance declaration to BSE stating that Regulation 32 requirements do not apply to the company. This regulation typically requires listed companies to submit statements showing how funds raised from public issuances or preferential placements were used. The company clarified that since it did not raise any capital through public issues, right issues, preferential issues, or qualified institutions placements during the financial year and half-year ending March 31, 2026, this reporting requirement is not applicable. The declaration was signed by Managing Director Mohammed Aslam Khan and filed on April 28, 2026.
This is a routine regulatory filing with no direct impact on shareholders or stock price. It simply confirms the company did not conduct any equity fundraising during the period and therefore has no deviation statements to file.