Statement of Deviation & Variation is not applicable to the Company
Awaiting price reaction for this filing.
Amit International Ltd has filed a confirmation with BSE stating that the company did not raise any funds through public issue, rights issue, preferential issue, Qualified Institutions Placement (QIP), or any other issue during the quarter ended 31st March 2026. Since no funds were raised, the company is not required to submit a Statement of Deviation or Variation regarding utilization of funds under SEBI Regulation 32. This is a standard regulatory compliance filing to formally document that the fund utilization reporting requirement does not apply to this period.
No direct impact on shareholders — the company simply did not raise capital during Q4, so there are no proceeds to track or report on. This is a routine disclosure with no implications for stock price.