Disclosure for statement of deviation or variation under regulation 32(1) of SEBI (LODR) 2015 for the year ended 31.03.2025
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Raghunath International Ltd has filed a statement of deviation or variation under Regulation 32(1) of SEBI's Listing Obligations and Disclosure Requirements (LODR) for the financial year ended 31 March 2025. This regulation requires listed companies to disclose whether the proceeds from any public issue, rights issue, or preferential issue were used in line with the objects stated at the time of fundraising. The filing confirms that the company has reported the status of fund utilisation as required under this rule. In most cases for such year-end filings, especially from smaller companies, this is a nil deviation report, meaning proceeds were used as originally disclosed. No specific deviation amount, purpose, or variation details are highlighted in the headline itself.
This is a routine compliance filing and is unlikely to have any material impact on the stock price or shareholder value. It simply confirms regulatory adherence regarding the use of previously raised funds.