JHS Retail: No Deviation in Preferential Issue Fund Utilization for Q4 FY26

JHS Svendgaard Retail Ventures Limited has filed its Statement of Deviation or Variation for the quarter ended March 31, 2026, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, approved by the Board on May 28, 2026, confirms no deviation or variation in the utilization of funds raised through two preferential issues. The first issue on September 27, 2024, raised ₹38.85 crores, allocated for working capital, capital expenditure, operational enhancement, and general corporate purposes. The second issue on March 05, 2025, raised ₹13.14 crores, earmarked for acquisition/strategic investment, business expansion, and general corporate purpose. The company reported full compliance with the stated objects for both fundraises.