Vardhman Polytex Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
VARDMNPOLY · price
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Vardhman Polytex Limited has filed its quarterly statement of deviation confirming nil deviation in the use of funds raised through preferential issue (conversion of warrants). The company raised Rs. 22.71 crore across four dates in late March 2026, with amounts ranging from Rs. 2.94 crore to Rs. 7.06 crore on each date. The filing states that funds have been utilized as per the original objects of the issue with no variation. The Audit Committee has reviewed and confirmed there is no deviation to report. This is a routine compliance filing under SEBI LODR regulations.
For shareholders, this is a positive signal indicating the company is deploying the raised capital as intended without any changes to the use of proceeds. While the filing shows compliance rather than a significant event, it confirms management is executing according to plan.