Regulatory13 Aug 2026, 03:31 pm
JHS Svendgaard Retail Ventures: No Deviation in Fund Utilization for Q2 2026
AI Summary
JHS Svendgaard Retail Ventures Ltd has filed its Statement of Deviation and Variation for the quarter ended June 30, 2026. The company reported no deviation or variation in the utilization of funds raised through a Preferential Issue. The funds were raised on September 27, 2024 (₹38.85 crores) and March 5, 2025 (₹13.14 crores). The utilization reports indicate that the funds were allocated towards working capital, capital expenditure, enhancement of operational capabilities, and general corporate purposes, with no discrepancies noted for the reported quarter. The information is available on the company's website and has been approved by the Board of Directors.
Key Highlights
- No deviation reported in the utilization of funds from Preferential Issue.
- Funds were raised in two tranches: ₹38.85 Cr and ₹13.14 Cr.
- Utilization covered working capital, capex, operational enhancement, and general corporate purposes.
- The report is for the quarter ended June 30, 2026.
- Information approved by the Board of Directors.
Price Impact
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