Statement of Deviation(s) or Variation(s) for the Year Ended March 31, 2026
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Sunita Tools Ltd has filed a compliance statement confirming no deviations or variations in the use of proceeds from funds raised through preferential issues. The company raised Rs. 299.99 lakhs on October 20, 2025 and Rs. 115.50 lakhs on October 30, 2025, totaling approximately Rs. 415.49 lakhs. The filing confirms that funds were utilized as per the original objects of the preferential issue for the half year ended March 31, 2026. The Audit Committee reviewed the utilization and had no comments. This is a routine regulatory filing under SEBI (LODR) Regulation 32.
No deviations reported means the company deployed funds as intended, which is a positive compliance indicator for shareholders. The filing confirms proper use of capital raised via preferential issues.