Statement of Deviation & variation for the quarter ended September 30, 2025
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Awaiting price reaction for this filing.
Raminfo Ltd has filed a routine quarterly compliance statement under SEBI Listing Regulations confirming that proceeds from its March 2024 preferential issue have been used strictly for the originally stated purposes. The company raised a total of Rs. 30.51 crore through a mix of equity shares (Rs. 11.64 crore), warrants (Rs. 12.04 crore), and convertible warrants (Rs. 6.82 crore). During the quarter ended September 30, 2025, the company also received an additional Rs. 6.82 crore from the exercise of convertible warrants on September 26, 2025, which will be added to the original allocation. Of the original allocation, Rs. 14.76 crore has been utilized for project funding and working capital, while Rs. 3.74 crore has been used for general corporate purposes. The Audit Committee has confirmed there is no deviation or variation, and auditors had no adverse comments.
This is a routine, positive compliance disclosure — shareholders can be reassured that raised capital is being deployed as promised with no misuse or change in purpose. No material impact on the stock price is expected from this filing.