ENCLOSED STATEMENT OF DEVIATION OR VARIATION UNDER REG 32
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rishi Laser Limited filed a Reg 32 statement confirming there are no deviations or variations in the utilisation of proceeds from a preferential issue of Rs. 1,200 lakhs raised on 25 September 2024. Of the total raised, Rs. 300 lakhs has been utilised as of Q4 FY26 (quarter ending 31 March 2026). The funds were earmarked for capital expenditure on expansion, working capital requirements, and general corporate purposes. The statement has been reviewed by the Audit Committee and taken on record by the Board on 28 May 2026.
No deviation detected — proceeds are being used as originally intended, which is a neutral-to-positive signal for investors as it indicates disciplined fund deployment with no scope for misuse.