Statement of Deviation(s) or variation(s) under Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended March 31, 2026 pertaining to issue of equity shares on preferential basis.
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PNGS Gargi Fashion Jewellery Limited filed its quarterly statement of fund utilization for the Rs. 1091.25 Lakhs raised through preferential equity issue on August 26, 2025. As of March 31, 2026, the company has utilized Rs. 473.36 Lakhs for marketing and promotional expenses. The filing confirms there is NO deviation or variation in the use of funds from the originally disclosed objects. The Audit Committee reviewed and approved the report with nil comments. No monitoring agency was appointed for this issue.
This is a routine regulatory compliance filing with no adverse findings. The company is on track with its stated use of proceeds for marketing and promotional activities. Shareholders can note that funds are being deployed as intended with no material deviations requiring disclosure.