
Quarterly Updates5 Nov 2026, 03:28 pm
JHS Svendgaard Retail Ventures: No Deviation in Fund Utilization for Q2 FY27
AI Summary
JHS Svendgaard Retail Ventures Ltd has filed its Statement of Deviation and Variation for the quarter and half-year ended September 30, 2026. The company raised Rs. 38.85 crores through a Preferential Issue on September 27, 2024, and Rs. 13.14 crores on March 05, 2025. For both fund-raising events, the company reported no deviation or variation in the utilization of funds as per the original objects. The funds were allocated towards working capital, capital expenditure, enhancement of operational capabilities, and general corporate purposes. The statement confirms adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- No deviation reported in fund utilization for preferential issues.
- Funds raised were allocated to working capital and capex.
- Company adheres to SEBI regulations on fund utilization.
- Details available on the company website.
Price Impact
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