Undertaking for Non Applicability of regulation 32 of SEBI (LODR) Regulation,2015for the quarter and financial year ended on March 31st, 2026
Awaiting price reaction for this filing.
Alstone Textiles (India) Ltd has filed an undertaking with BSE confirming that Regulation 32 of SEBI (LODR) Regulations, 2015 does not apply to the company. Regulation 32 requires listed entities to report deviations in the use of proceeds from public issues, rights issues, or preferential issues. The company, represented by Managing Director Deepak Kumar Bhojak, certifies that no such capital-raising activity (public issue, rights issue, or preferential issue) was undertaken during the quarter and financial year ended March 31, 2026. Therefore, no statement on fund utilization deviations is required. This is a routine compliance filing confirming a statutory exemption applies.
No direct impact on shareholders. This is a standard regulatory confirmation that no capital was raised through public or preferential issuances during the reporting period, so no fund utilization reporting obligations arise.