StockWatch
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Gems- Jewellery And Watches
Regulatory27 May 2026, 06:22 pm

Euro Leder Fashion: No Deviation in IPO Proceeds Use

AI Summary

Euro Leder Fashion Ltd confirms that there were no deviations or variations in the use of proceeds from its Initial Public Offer (IPO) for the quarter ended March 31, 2026, as per Regulation 32 of the SEBI (LODR) Regulations, 2015. The company states that the IPO proceeds were utilized for the purposes outlined in the prospectus. Therefore, the statement of deviation(s) or variation(s) is not applicable to the company.

Key Highlights

  • Euro Leder Fashion confirms no deviation in IPO proceeds use.
  • Compliance with Regulation 32 of SEBI (LODR) Regulations, 2015.
  • IPO proceeds utilized as stated in the prospectus.
  • Statement of deviation not applicable for quarter ended March 31, 2026.