statement of Deviation & Variation for the quarter ended 31.03.2025
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Awaiting price reaction for this filing.
PBA Infrastructure has submitted a quarterly compliance statement to BSE under SEBI LODR Regulations 32(1), 32(2) and 32(3) regarding the use of issue proceeds. The company has confirmed that it has not undertaken any public issue, rights issue, preferential issue, or qualified institutional placement since 2005. Therefore, there are no issue proceeds to report any deviation or variation on for the quarter ended 31 March 2025. The filing is signed by Managing Director Narain P. Belani and dated 17 April 2025.
This is a routine regulatory compliance submission with no material impact on shareholders or the stock price. It simply confirms the company has not raised capital from the market in nearly two decades, so there is nothing to report.