Clarification13 Aug 2026, 05:11 pm
Gayatri Projects: No deviation in preferential issue proceeds utilization
AI Summary
Gayatri Projects Ltd has informed the exchange that there is no deviation or variation in the utilization of proceeds from its preferential issue for the quarter ended June 30, 2026. This was reviewed by the Audit Committee and noted by the Board of Directors. Consequently, the company is not required to submit a separate statement of deviation as per SEBI regulations. The necessary disclosure was included in the integrated financial filing for the said quarter.
Key Highlights
- No deviation in preferential issue proceeds utilization for Q1 FY27.
- Reviewed by Audit Committee and noted by the Board.
- Exempt from submitting a separate deviation statement.
- Disclosure included in integrated financial filings.
Price Impact
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