
ND Metal: No funds raised via public/rights/preferential issue in FY26
ND Metal Industries Ltd. confirmed that it did not raise any capital through public issues, rights issues, preferential issues, or Qualified Institutional Placements (QIPs) during the quarter and fiscal year ending March 31, 2026. As a result, the company is exempt from submitting a Statement of Deviation or Variation, which is typically required under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for companies that have raised funds. This filing serves as a compliance update, indicating no such fund-raising activities occurred in the reported period.
Key Highlights
- ND Metal raised no funds in Q4/FY26.
- No public, rights, preferential issues, or QIPs occurred.
- Regulation 32(1) deviation statement is not applicable.
- Company confirms compliance with SEBI norms.
Price Impact
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