Statement of deviation for the quarter ended 31.03.2026 showing NIL deviation is attached.
VARDMNPOLY · price
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Vardhman Polytex Limited has filed a nil deviation statement for funds raised through preferential issue (warrant conversions) during 23–26 March 2026. The company raised a total of Rs. 22,70,76,563 across four dates in late March 2026. The statement confirms that the funds have been utilised as per the originally disclosed objects, with no deviation or variation reported. The filing is in compliance with SEBI (LODR) Regulation 32 and has been reviewed by the company's Audit Committee. Both the Audit Committee and auditors have confirmed no comments as there is no deviation in fund usage.
The nil deviation filing indicates proper fund utilisation and regulatory compliance, which is a positive signal for transparency. No cause for concern for shareholders as the raised capital appears to be deployed as intended.