Regulatory29 May 2026, 06:11 pm
Patron Exim: Deviation Statement for Half Year Ended March 2026
AI Summary
Patron Exim Ltd has filed a statement of deviation and variation under Regulation 32(1) of the SEBI (LODR) Regulations, 2015 for the half year ended March 31, 2026. The filing indicates deviations in the utilization of funds raised through a public issue on March 1, 2023, amounting to ₹16.68 Crores. The deviations relate to the allocation and utilization of funds for incremental working capital, general corporate purposes, and public issue expenses. The audit committee reviewed the statement, and the board has taken it on record.
Key Highlights
- Patron Exim reports deviations in fund utilization for the half year ended March 31, 2026.
- Funds raised on March 1, 2023, totaled ₹16.68 Crores via public issue.
- Deviations noted in allocation for working capital, corporate purposes, and issue expenses.
- Audit Committee reviewed and Board took the deviation statement on record.
Price Impact
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