Undertaking for Non-Applicability of Regulation 32 of SEBI (LODR) Regulation ,2015 for the quarter and half Year ended on 30 September, 2025
Awaiting price reaction for this filing.
Shri Niwas Leasing And Finance Ltd has submitted an undertaking to BSE stating that SEBI Regulation 32 is not applicable to the company for the quarter and half year ended September 30, 2025. Regulation 32 requires companies to report on the use of funds raised through public issues, rights issues, or preferential issues. The Managing Director, Ms. Rajni Tanwar, has certified that the company did not raise any money through these routes during the period. This means the company has no outstanding obligations to report how it spent proceeds from any equity fundraising. The filing is a routine regulatory compliance submission with no financial or operational impact.
This is a routine compliance filing with no impact on shareholders or stock price. It simply confirms the company did not raise fresh equity capital through public, rights, or preferential routes during the quarter, so no fund-utilization reporting is required.