Regulatory27 May 2026, 05:23 pm
Classic Leasing: Deviation Statement for Quarter Ended 31.03.2026
AI Summary
Classic Leasing & Finance Ltd has filed a statement of deviation/variation of funds for the quarter ended March 31, 2026, as per Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement, reviewed and approved by the Audit Committee and the Board of Directors, indicates the utilization of funds raised through the issuance of equity shares on a preferential issue basis. The funds were allocated towards working capital requirements and general corporate purposes, with ₹10,63,75,000 utilized as planned.
Key Highlights
- Classic Leasing filed deviation statement for quarter ended March 31, 2026.
- Funds utilized for working capital and general corporate purposes.
- ₹10,63,75,000 was raised through preferential issue of equity shares.
- Audit Committee and Board of Directors approved the statement.
- No deviation or variation in the use of funds was reported.
Price Impact
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