Submission of Non-Applicability of Statement for Deviation or Variations under Regulation 32 of SEBI (LODR) Regulations 2015 for the quarter and year ended March 31, 2026
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V R Films & Studios Ltd has submitted a compliance filing to BSE confirming that there were no deviations or variations in the use of proceeds from its Initial Public Offer (IPO). The company states that funds raised through the IPO were utilized as originally intended, making the Statement of Deviation or Variation not applicable. This is a routine regulatory filing under SEBI Listing Regulations for the quarter ended March 31, 2026. The filing is signed by Managing Director Manish Dutt.
This is a neutral filing indicating proper fund utilization from the IPO. No deviations or fund misuse detected, which suggests good governance practices. No direct impact on stock price expected from this compliance confirmation.