Statement of Deviation or Variation of funds under regulation 32 of SEBI (LODR) Regulation, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yarn Syndicate Ltd has filed a quarterly compliance statement confirming no deviation or variation in the use of proceeds from its January 2024 Rights Issue of ₹4,684.50 Lakhs. The company did not raise any fresh funds during the quarter ended 31 December 2025, and there are no unutilised issue proceeds. Of the total Rights Issue, ₹2,254.50 Lakhs has been received and fully deployed — ₹1,984.50 Lakhs toward acquisition of equity shares in Stitched Textiles Limited and ₹270 Lakhs toward general corporate purposes. The balance of ₹2,430 Lakhs relates to partly paid-up shares that have not yet been converted into fully paid-up shares.
This is a routine regulatory disclosure with no material impact on shareholders — it confirms that previously raised funds have been used as intended and no fresh capital activity occurred during the quarter.