Statement of Deviation & variation for the quarter ended December 31, 2025
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Awaiting price reaction for this filing.
Raminfo has submitted a routine compliance statement confirming that there is no deviation or variation in how the company has used the funds raised through its Preferential Issue. The total amount raised was around Rs. 30.51 crore across equity shares, warrants, and the exercise of convertible warrants, with allotments made on March 29, 2024. Of this, Rs. 20.84 crore has been used for ongoing projects, joint ventures and working capital needs, while Rs. 3.92 crore was used for general corporate purposes. The Audit Committee has reviewed the usage and noted no deviations, and the auditors had no comments.
This is a standard regulatory filing and not a negative event. It reassures shareholders that the company has stuck to its stated purpose for the funds raised, with no misuse or unplanned reallocation. It is unlikely to have any direct impact on the stock price.