Declaration on Non Applicability on Reg 32
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Awaiting price reaction for this filing.
Srestha Finvest Ltd has informed the stock exchanges that SEBI's Regulation 32 does not apply to the company for the quarter ended June 30, 2025. This regulation requires companies to report any deviation or variation in the use of funds raised through public issues, rights issues, preferential issues, or QIPs. The company confirms it did not raise any money through any of these routes during the quarter, so the disclosure requirement is not triggered. This is a routine compliance filing submitted to both BSE and MSEI. The company is registered in Chennai and operates as an NBFC.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company did not raise capital through equity routes last quarter, meaning no fund-utilisation report is due.