Statement of Deviation and Variation as per Clause 32(1) for the quarter ended June 30, 2025, under the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The said ....
Awaiting price reaction for this filing.
RRP Defense Ltd has confirmed that there is no deviation or variation in the use of funds raised through a preferential issue of non-convertible securities. The company raised a total of INR 1,215 Lakhs across three allotments on April 7, 11, and 17, 2025, and has fully utilised the entire amount for working capital purposes as originally disclosed. The deviation statement was reviewed and approved by the Audit Committee and Board at their meeting held on August 12, 2025. The disclosure has been submitted to BSE under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine compliance filing confirming that the company used the funds exactly as promised to investors. No negative signal here — it simply reassures shareholders that the INR 12.15 crore raised earlier this year has been deployed in line with the stated purpose, with no misuse or change in plan.