Non applicability of reg 32 of SBEI (LODR) Regulations, 2015 for the quarter ended 31st march, 2025
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Shree Securities Ltd has submitted a disclosure to BSE stating that Regulation 32 of the SEBI (LODR) Regulations, 2015 is not applicable to it for the quarter and financial year ended 31st March 2025. Under this regulation, companies that have raised funds through public issue, rights issue, preferential issue, or qualified institutional placement (QIP) must file a statement of deviation or variation in the use of those funds. The company confirms that it did not raise any funds through any of these routes during the quarter and full year. Therefore, no deviation statement is required to be filed. The letter is signed by Managing Director and CEO Bhavya Dhiman and dated 30 May 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company did not undertake any fresh capital-raising activity in Q4 FY25, so no fund-use deviation report is needed.