Please find attached the statement of deviation or variation in the use of proceeds for the quarter ended 31st December, 2025.
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Awaiting price reaction for this filing.
UVS Hospitality and Services Ltd has filed a quarterly compliance statement confirming that there has been no deviation or variation in the use of funds raised through a preferential issue of equity shares and warrants on 15 May 2024. The company had raised ₹14.63 crore via equity shares, ₹3.94 crore via warrants, and ₹42.50 crore through share swap allotments, taking the total to about ₹61.07 crore. No monitoring agency was appointed for this issue. The audit committee reviewed the statement and no auditor comments were required, as the funds have been used in line with the originally stated objects. This is a routine Regulation 32 filing confirming discipline in fund utilisation.
Neutral to mildly positive for shareholders — the company is signalling that funds raised over a year and a half ago continue to be deployed as originally planned, with no misuse or change in purpose. No immediate effect on the stock price is expected from this disclosure alone.