Statement of Deviation and Variation for the year ended March 31, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Times Green Energy has filed a compliance statement confirming no deviations or variations in the use of proceeds from its Rights Issue. The company raised Rs. 898.56 lakhs on November 19, 2025, for the Expansion of Agri Trading Business. As of March 31, 2026, Rs. 778.56 lakhs (86.6%) has been utilized, with Rs. 120.00 lakhs remaining unutilized. The Audit Committee reviewed the utilization and reported nil comments. No changes to the original objects or terms have been made.
Positive signal for shareholders — the company is deploying funds as intended without deviations. The Rs. 120 lakh unutilized balance is still within the deployment period and does not indicate any misuse of proceeds.