Non-applicability of statement of deviation and variation for the quarter ending 30th June, 2025
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Sailani Tours N Travels has informed BSE that the Statement of Deviation or Variation under SEBI's Listing Regulations is not applicable for the quarter ending June 30, 2025. The company confirms there has been no deviation or variation in the use of proceeds raised from its initial public offering. The letter was signed by Company Secretary Purvi Agarwal on July 11, 2025. This is a routine quarterly compliance filing required of listed companies that have raised money via a public issue.
This is a standard regulatory compliance update with no material impact on shareholders or the stock price. It simply confirms that the company has used its IPO funds as originally disclosed.