Regulatory29 May 2026, 03:44 pm
Edvenswa Enterprises: Deviation Statement for Mar 2026
AI Summary
Edvenswa Enterprises Ltd submits a statement of deviation and variation for the quarter ended March 31, 2026, as per Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report details the utilization of funds raised through a rights issue of ₹2669 lakhs on November 29, 2024, and notes no deviation or variation in the use of funds. The audit committee and auditors have no comments on the matter.
Key Highlights
- Edvenswa Enterprises reports no deviation in the use of funds from rights issue.
- Funds utilized for product purchase (₹9.20 Lakhs) and subsidiary investment (₹860 Lakhs).
- ₹457 Lakhs utilized for general corporate expenses out of ₹562 Lakhs allocated.
- ₹62 Lakhs utilized for issue-related expenses as originally allocated.
Price Impact
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