Quarterly Updates21 May 2026, 08:11 pm
Autoriders Intl: Funds Deviation Statement for Mar 2026
AI Summary
Autoriders International Ltd has filed a statement on deviation or variation of funds for the quarter ended March 31, 2026, as per SEBI regulations. The company raised ₹89,910,000 through preferential allotment on December 31, 2024. The audit committee reviewed the statement on May 21, 2026. There was no deviation or variation in the use of funds raised. Vandana V. Dodhia & Co., Chartered Accountants, certified the utilization of net proceeds.
Key Highlights
- Autoriders International reports no deviation in fund utilization for Q4 2026.
- Funds raised via preferential allotment totaled ₹89,910,000 on Dec 31, 2024.
- Audit Committee reviewed the deviation statement on May 21, 2026.
- Auditors Vandana V. Dodhia & Co. certified the utilization of net proceeds.
- Funds were allocated for loan repayment, business expansion, and corporate purposes.
Price Impact
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