Nil Statement of Deviation for the quarter ended 31.03.2025
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Awaiting price reaction for this filing.
Shree Hari Chemicals Export Ltd has submitted a NIL statement of deviation/variation for the quarter ended March 31, 2025, confirming that the proceeds from its Preferential Issue (raised on November 15, 2024 for Rs. 6,56,68,750) were used in line with the originally disclosed objects. No monitoring agency was appointed for this issue, and the Audit Committee had no comments to record. The filing is a routine compliance disclosure under SEBI Listing Regulations, signed by Chairman & Managing Director Bankesh Chandra Agrawal.
This is a neutral, routine compliance filing with no negative implications — it simply confirms there were no misuse or unauthorized diversion of the preferential issue funds. No material impact on shareholders or stock price is expected.