Statement of Deviation and Variation for Sep 2025
Price
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Awaiting price reaction for this filing.
The company has informed BSE that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable to it for the quarter ended 30 September 2025. This regulation requires disclosure of any deviation or variation in the use of proceeds from a public issue, rights issue, preferential issue, or qualified institutional placement (QIP). Non-applicability means the company did not raise funds through any of these routes during the quarter, so there are no proceeds to report on. The filing is signed by Managing Director Kishor Ostwal and is a routine compliance submission.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company did not undertake any fresh capital-raising activity in Q2 FY26 that would require usage tracking.