STATEMENT OF DEVIATION AND VARIATION AS ON 31ST MARCH 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vedant Asset Ltd has filed a nil deviation statement for the year ended 31st March 2026, confirming that IPO proceeds have been utilized exactly as per the objects stated in the company's prospectus. The filing is made pursuant to Regulation 32 of SEBI Listing Regulations and the SEBI circular dated December 24, 2019. The company's Managing Director, Lallit Tripathi, has certified this statement on May 29, 2026. No deviations or variations in fund utilization were identified during the reporting period.
This is a positive compliance signal for existing shareholders, confirming the company has deployed IPO funds as originally committed. It indicates proper governance and adherence to stated business objectives, which reduces investor risk regarding fund misuse.