Statement of Deviation under Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended 31st March, 2025
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RDB Rasayans Ltd has filed a statement confirming that there is NO deviation or variation in the utilisation of IPO proceeds for the quarter ended 31st March 2025. The company raised Rs. 35.55 Crore via IPO between 21–23 September 2011. As per the filing, Rs. 2780.83 Lacs was allocated for capital expenditure to enhance manufacturing capacity by 7450 MTPA, of which Rs. 1045.17 Lacs has been utilised. Rs. 501.29 Lacs was allocated for general corporate purposes (Rs. 498.49 Lacs utilised) and Rs. 272.88 Lacs for issue expenses (Rs. 192.11 Lacs utilised). Both the Audit Committee and auditors have reviewed and commented on the statement, with no concerns raised.
Since there is no deviation or variation reported, this filing is a routine compliance confirmation with no material impact on shareholders. It simply assures investors that the IPO funds are being deployed as originally intended.