Non applicability of Statement of Deviations or Variations as per regulation 32 of SEBI (Listing Obligations and Disclosure requirements), 2015 for the quarter ending September, 2025.
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Syschem (India) Limited has submitted a routine compliance filing to BSE stating that the Statement of Deviation or Variation under SEBI Regulation 32 is not applicable for the quarter ending September 30, 2025. The company confirms it did not raise any funds through public issue, preferential issue, qualified institutional placement (QIP), or any other means during the quarter. Additionally, there is no instance of deviation or variation in the use of proceeds from any earlier issue. This is a standard quarterly disclosure required from listed companies, and in this case it simply confirms the absence of any fund-raising activity or misuse of proceeds.
This is a routine compliance filing with no material impact on shareholders or the stock price. It confirms no new capital was raised and no proceeds were misused, indicating status quo on the fundraising front.