BSEShree Karthik Papers LtdMinimalNeutral
Announced Thu, 17 Apr · 20:31 IST

The complance certificate in respect of State,ment of variation and deviation of shares is filed for taking on record for the quarter ended 31st March 2025

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shree Karthik Papers Ltd has filed a compliance certificate with BSE confirming the Statement of Deviation/Variation for the quarter ended 31 March 2025, as required under Regulation 32 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations 2015. The company states that there has been no deviation or variation in the use of proceeds from any fund-raising activity. Importantly, the company clarifies that it has not raised any funds from the public (such as through a rights issue or similar offering) during the quarter, so the question of fund utilization does not arise. This is a routine quarterly compliance filing rather than an announcement of any new corporate action.

Likely market impact

This is a routine regulatory compliance update with no material impact on shareholders or the stock price. It simply confirms the company did not undertake any public fund-raising during the quarter, meaning there are no proceeds to track or any misuse to flag.