Undertaking for non-applicability of Regulation 32 of SEBI(LODR) regulation, 2015
Awaiting price reaction for this filing.
Tiaan Consumer Ltd has submitted a formal undertaking to BSE stating that Regulation 32 of SEBI's Listing Obligations and Disclosure Requirements (LODR) is not applicable to the company for the quarter ended June 30, 2025. Regulation 32 normally requires listed companies to file a quarterly statement showing whether the money raised through public, rights, or preferential share issues has been used as originally planned. The company has confirmed it did not raise any funds through a preferential allotment or any other share issue during this quarter, so the regulation does not apply. Director Iroda Ochilova Alloyorovna signed the undertaking on August 8, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company did not raise fresh capital from the market in Q1 FY26, so there is nothing to report on use of funds.