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 there has been no deviation or variation in the use of funds raised through its Initial Public Offering (IPO). The company confirms that the proceeds from the public issue have been used entirely as planned. As a result, the Statement of Deviation or Variation is not applicable for the quarter ending September 30, 2025. This is a routine quarterly compliance filing required under Regulation 32 of SEBI's Listing Obligations and Disclosure Requirements. The letter was signed by Purvi Agarwal, Company Secretary.
This is a neutral, routine compliance disclosure. No material impact on shareholders or stock price is expected, as the company is simply confirming that IPO funds were used as originally intended without any deviations.