StockWatch
·
Castings & Forgings
Regulatory14 Apr 2026, 05:01 pm

IPCL Files Nil Deviation & Variation Statement for FY26 Funds

AI Summary

Investment & Precision Castings Ltd (IPCL) has submitted a "Nil" statement of deviation(s) and variation(s) for funds raised during the financial year 2025-26, as per SEBI (LODR) regulations, 2015. The company confirmed that it did not raise any capital in FY2025-26. Furthermore, there has been no deviation in the utilization of funds raised in previous periods, and all such funds have been fully utilized. IPCL noted that it was unable to file the XBRL format as it does not allow "Nil" entries.

Key Highlights

  • IPCL did not raise any capital during FY2025-26.
  • No deviation in the utilization of previously raised funds.
  • All funds raised earlier by the company have been fully utilized.
  • Company submitted a "Nil" form for deviation and variation.