We hereby attach Statement of Deviation(s) or Variation(s) under Regulation 32 of SEBI (LODR) Regulations, 2015 for the half year ended on 31st March, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sunrise Efficient Marketing Ltd has filed a routine SEBI compliance statement under Regulation 32 of the LODR Regulations for the half year ended 31 March 2025. The company confirms that there has been no deviation in how it is spending the money raised from its IPO compared to the purposes disclosed in its prospectus. It also confirms there has been no variation between the actual spend and the category-wise projected use of funds mentioned in the prospectus. Since the IPO issue size was below Rs. 100 crore, the company was not required to appoint a monitoring agency, so no monitoring agency report accompanies this filing. The statement is signed by Managing Director Lejas Hemantrai Desai and submitted to BSE on 23 May 2025.
This is a routine half-yearly compliance update with no negative news; it simply reassures shareholders that IPO funds are being used exactly as promised at the time of listing, which is mildly positive for governance and investor confidence.