Announced Fri, 29 May · 15:27 IST

Use of Proceeds.

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹43.75
prior close
₹45.29
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-1.9-1.7+1.1-7.2-6.3-4.7-12.0
Up moveDown movePending
AI summary

Vikram Kamats Hospitality Ltd (formerly Vidli Restaurants Ltd) has confirmed that its Audit Committee reviewed the use of funds raised through two private placements dated 28th September, 2024 and 13th September, 2025. The review covered the period ending 31st March, 2026. The company found no deviations or variations in how the proceeds were used compared to what was stated in the private placement offer letters. As a result, no statement of deviation or variation needed to be submitted under SEBI Regulation 32(1). This is a routine compliance filing confirming proper use of funds.

Likely market impact

Positive for investors — the company has confirmed funds were deployed as intended with no deviations, indicating proper governance and adherence to stated objectives.