Undertaking for Non applicability of Regulation 32 of SEBI (LODR) Reg 2015
Awaiting price reaction for this filing.
Sunshine Capital Ltd has submitted a compliance undertaking to BSE stating that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable to the company. This regulation requires listed entities to report deviations in fund utilization from public issues, rights issues, or preferential issues. The company certified that it has not issued any shares via public issue, rights issue, preferential issue, or similar capital-raising methods during Q4 and FY ended March 31, 2026. The undertaking is signed by Surendra Kumar Jain, Managing Director, and dated May 23, 2026.
No direct impact on shareholders as this is a routine compliance filing confirming the absence of capital-raising activity. The company is simply informing BSE that standard fund utilization reporting requirements do not apply for this period.