
Clarification29 Oct 2026, 02:12 pm
Banaras Beads: No Deviation in Fund Utilization for Q2 FY27
AI Summary
Banaras Beads Limited has submitted its Statement of Deviation and Variation for the quarter and half-year ended September 30, 2026, as per SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company stated that there has been no deviation or variation in the utilization of funds raised, as no funds have been raised since 1995. The Audit Committee and the Board of Directors reviewed and acknowledged this statement. Consequently, there are no original or modified objects, allocations, or funds utilized to report, and no deviation or variation has occurred.
Key Highlights
- No funds raised by Banaras Beads since 1995.
- No deviation or variation in fund utilization reported.
- Statement reviewed and acknowledged by Audit Committee and Board.
- Filing pertains to Q2 FY27 and H1 FY27.
Price Impact
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