Non-applicability of statement of deviation or variation under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Sailani Tours N Travels Ltd has filed a compliance statement with BSE confirming that there were no deviations or variations in the use of proceeds from its Initial Public Offering (IPO). The company states that since no deviations occurred, the Statement of Deviation or Variation is not applicable for the quarter ending March 31, 2026. This is a routine regulatory filing under SEBI LODR regulations requiring listed companies to report on IPO fund utilization. The filing is signed by Company Secretary Purvi Agarwal and digitally certified on April 14, 2026.
This is a routine compliance filing indicating the company properly deployed IPO funds as per the stated objects. No negative implications for shareholders - it confirms standard fund utilization without deviations.