Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that the Company has not raised any funds through Public ....
Awaiting price reaction for this filing.
ND Metal Industries Ltd has filed a compliance update with the BSE confirming that it did not raise any funds during the half year ended 30 September 2025. The company states there was no public issue, rights issue, preferential allotment, qualified institutions placement (QIP), or any other form of capital raise during this period. As a result, the Statement of Deviation or Variation in use of issue proceeds, which is normally required under SEBI Listing Regulations, does not apply to the company for H1 FY26. The letter is signed by Managing Director Ajay Kumar Garg and is dated 8 October 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company has been funded through internal sources rather than fresh market capital, meaning there are no new shares or proceeds to track.