Statement of Deviations and Veriations under Regulation 32(1) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the Quarter ....
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Vantage Knowledge Academy Limited has submitted its quarterly compliance statement on fund usage to BSE for the quarter ended 30th June 2025. The company had raised Rs. 12.50 crore through a preferential issue on 30th September 2024, earmarked for working capital and general corporate purposes. During the quarter, Rs. 7.50 crore was utilised from these funds, with the remaining amount still available. The company has confirmed there is no deviation or variation from the originally stated purpose of fund usage. No monitoring agency was appointed, as is permitted for certain fund raises.
This is a routine regulatory compliance filing with no negative news — the company confirms proper use of funds as originally intended. No material impact on share price is expected; investors should note that Rs. 5 crore of the Rs. 12.50 crore raised remains unutilised as of June 2025.