Statement of no deviation or variation in issue proceeds.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Richfield Financial Services Limited has filed a statement confirming no deviation or variation in the utilization of funds raised through a Preferential Allotment of Equity Shares. The company raised Rs 5.39 crore (Rs 53.9 million) via allotment dated March 10, 2026. For the quarter ended March 31, 2026, the Audit Committee reviewed the utilization and confirmed that funds are being used as originally intended. This is a routine SEBI-mandated compliance filing under Regulation 32. No monitoring agency was appointed for this issue.
This is a positive compliance signal for shareholders, confirming that the Rs 5.39 crore raised through preferential allotment is being deployed as disclosed, with no deviations from the stated objects of the issue.