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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Positive for investors — the company has confirmed funds were deployed as intended with no deviations, indicating proper governance and adherence to stated objectives.