Non Applicability of Statement of Deviation & Variation for the Quarter ended 31.03.2026
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Vega Jewellers Ltd (formerly PH Trading Limited) has filed a nil deviation statement for the quarter ended March 31, 2026, regarding funds raised through a Preferential Issue. The company raised Rs. 987.10 lakh on January 3, 2026, via preferential allotment. There is no deviation or variation in the use of funds from the originally stated objects. The Audit Committee and Auditors have no comments as no deviation was found. The filing confirms proper utilisation of proceeds as per the disclosed purpose.
This is a routine compliance filing with no negative implications for shareholders. The NIL deviation confirms that management deployed the raised capital as intended, which reflects good governance and adherence to fund utilisation norms.