Statement of Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, QIP - reg.
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Switching Technologies Gunther Ltd has filed a nil disclosure with BSE stating that the company has not undertaken any public issue, rights issue, preferential issue, or qualified institutional placement. As no such capital raise occurred, there are no proceeds whose utilization or deviation needs to be reported. This is a routine compliance filing under SEBI (LODR) Regulations 32(1), 32(2) and 33(3). The company is simply informing the exchange that this reporting requirement does not apply to them for the quarter ending March 2026.
No immediate impact on shareholders as no capital was raised through equity issuances. The filing confirms no equity dilution or fund utilization to track for this period.