Statement of Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutional Placement - reg.
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Switching Technologies Gunther Ltd has submitted a compliance filing to BSE confirming that the company did not undertake any public issue, rights issue, preferential issue, or qualified institutional placement during the quarter ending 31 March 2025. As a result, there is no deviation or variation in the use of issue proceeds to report to the stock exchange. The filing is submitted under SEBI (LODR) Regulations 32(1), 32(2), and 33(3). This is a routine quarterly compliance communication signed by the Company Secretary.
This is a procedural compliance filing with no material impact on shareholders or the stock price. It simply confirms the company did not raise capital through any of these routes during the quarter, so no fund-use deviations exist.