Regulatory29 Jul 2026, 05:20 pm
Hariyana Ventures Confirms No Deviation in IPO Proceeds Use
AI Summary
Hariyana Ventures Ltd has issued a regulatory filing confirming that there has been no deviation or variation in the utilization of funds raised from its Initial Public Offering (IPO). As per Regulation 32 of SEBI (LODR) 2015, the company states that a formal statement of deviation is not applicable because all proceeds have been used as intended. This clarification assures stakeholders regarding the proper deployment of IPO funds.
Key Highlights
- No deviation in IPO proceeds utilization confirmed.
- Statement of deviation not applicable as per SEBI LODR 2015.
- Confirms adherence to fund usage guidelines.
- Provides clarity to investors on IPO fund deployment.
Price Impact
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