Non-applicability of Statement of Deviation & Variation
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Awaiting price reaction for this filing.
Sailani Tours N Travels Ltd has informed BSE that the Statement of Deviation or Variation under SEBI's Listing Regulations is not applicable to the company for the quarter ending December 31, 2025. The company confirms that there has been no deviation or variation in the use of proceeds raised from its Initial Public Offer (IPO). This is a routine compliance submission filed on January 14, 2026, by the Company Secretary. The filing essentially reassures stakeholders that IPO funds have been used as originally disclosed.
This is a neutral, routine compliance update with no material impact on shareholders or the stock price. It simply confirms that IPO proceeds are being used in line with the stated purpose.