Statement of Deviation or Variation for the quarter ended on 31st March, 2026
Awaiting price reaction for this filing.
Sellwin Traders Ltd filed a statement confirming no deviation or variation in the utilization of funds raised through two preferential allotments of convertible warrants. The first allotment on 04.04.2025 raised ₹925.08 lakhs, with ₹921.88 lakhs utilized and ₹3.20 lakhs remaining in the Special Account. The second allotment on 05.12.2025 raised ₹1,310.59 lakhs, with ₹1,245.28 lakhs utilized and ₹65.31 lakhs remaining in the Special Account. Funds were deployed across working capital, investments, general corporate purposes, and fund-raising expenses. The company also noted that the balance of preferential issue funds is yet to be raised and will be reported separately.
No deviation in fund utilization is a positive sign, indicating the company is using proceeds as stated in its fund-raising documents. Minor unutilized balances are normal and do not indicate any compliance concern.