Alstone Textiles: Regulation 32 Non-Applicability Undertaking

Alstone Textiles (India) Ltd has submitted an undertaking to the stock exchange stating that Regulation 32 of the SEBI (LODR) Regulations, 2015 is not applicable to the company for the quarter ended June 30, 2026. This regulation pertains to the disclosure of deviations in the use of proceeds from public, rights, or preferential issues. The company's Managing Director, Deepak Kumar Bhojak, certified that since Alstone Textiles has not issued any shares through such means for the specified quarter, the compliance requirements of Regulation 32 are not applicable.