Statement of Deviations and Variations under Regulation 32 (1) of Securities and Exchange Board of India (Listing obligation and Disclosure Requirements) Regulations, 2015
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Awaiting price reaction for this filing.
Vantage Knowledge Academy Limited filed a quarterly compliance statement confirming the use of funds raised through a preferential issue on September 30, 2024. The company raised Rs. 12.50 crore for working capital and general corporate purposes, and has utilised Rs. 7.50 crore as of March 31, 2025. The company reported no deviation or variation from the originally stated purpose of fund utilisation. The statement was signed by Managing Director Neeta Dedhia and filed with BSE on May 10, 2025.
This is a routine regulatory filing confirming that fund utilisation is in line with the stated purpose, which is a neutral-to-positive signal for shareholders as it shows responsible use of capital with no misuse or diversion.