The statement of deviation or variation under regulation 32 of SEBI (LODR) Regulation, 2015 is not applicable to the company.
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Surbhi Industries Ltd has submitted a filing confirming that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable for the quarter ended 30th June 2025. The company stated it did not raise any proceeds from an Initial Public Offer (IPO), Further Public Offer (FPO), Rights Issue, or Preferential Issue during the quarter. As there were no public issue funds, no statement of deviation or variation is required. The letter was signed by Managing Director Ravjibhai Parbatbhai Patel and submitted to BSE on 31 July 2025.
This is a routine compliance confirmation with no material impact on shareholders or stock price. It simply means the company did not undertake any public fundraising during the quarter, so no fund-use deviation reporting is needed.