StockWatch
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Packaged Foods
Regulatory30 May 2026, 03:02 pm

Astron Multigrain: Deviation Statement for March 2026

AI Summary

Astron Multigrain Limited has filed a statement of deviation and variation under Regulation 32(1) of the SEBI (LODR) Regulations, 2015 for the half year and financial year ended 31st March, 2026. The statement, reviewed by the Audit Committee and taken on record by the Board, indicates deviations in the utilization of funds raised from a public issue on December 4, 2025, amounting to ₹18.40 Crores. The utilization of funds against original objects shows deviations in capital expenditure, working capital, general corporate purposes and issue expenses. A certificate of utilization of funds from M/s Piyush Kothari and Associates, Chartered Accountants, is attached.

Key Highlights

  • Astron Multigrain reports deviations in fund utilization for FY26.
  • Funds raised on Dec 4, 2025, totaled ₹18.40 Crores.
  • Audit Committee reviewed the deviation statement.
  • Deviations noted in capital expenditure and working capital utilization.