Undertaking for Non Applicability of regulation 32 of sebi(Lodr) regulation, 2015 for quarter ended on 30th june, 2025.
Awaiting price reaction for this filing.
Starlit Power Systems Ltd has submitted an undertaking to the BSE stating that Regulation 32 of the SEBI (LODR) Regulations, 2015 is not applicable to the company for the quarter ended 30th June 2025. Regulation 32 requires listed companies to report any deviations or variations in the use of funds raised through public issues, rights issues, or preferential allotments. The non-applicability filing suggests the company did not undertake any such fund-raising activity during the period, and therefore has no utilization details to disclose. This is a standard quarterly compliance submission and is routine in nature.
No material impact on shareholders or the stock price. It is a routine compliance filing indicating the company had no capital market fundraising during the quarter, so there are no fund-use deviations to report.