Pursuant to Regulation 32(1) of the SEBI (LODR) Regulation, 2015, the Company has not raised any funds through Public Issue, Right Issue, Preferential Issue, QIP etc. during the quarter ....
Awaiting price reaction for this filing.
ND Metal Industries Ltd has submitted a regulatory update to BSE confirming that it did not raise any funds through Public Issue, Right Issue, Preferential Issue, or Qualified Institutions Placement (QIP) during the quarter and financial year ended 31 March 2025. Since no such fundraise occurred, the company states that the Statement of Deviation or Variation under Regulation 32(1) of SEBI (LODR) Regulations, 2015 is not applicable to it. The filing was signed by Managing Director Ajay Kumar Garg on 8 April 2025 and is purely a compliance disclosure.
This is a routine compliance filing with no material impact on shareholders or the stock price — it simply confirms the absence of any recent fund-raising activity.