
Quarterly Updates6 May 2026, 02:40 pm
PNGS Gargi: Deviation Statement for Equity Shares Issue
AI Summary
PNGS Gargi Fashion Jewellery Ltd. has filed a statement of deviation or variation under Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended March 31, 2026, pertaining to the issue of equity shares on a preferential basis. The funds raised on August 26, 2025, amounting to ₹1091.25 Lakhs, were primarily allocated for marketing and promotional expenses. A total of ₹473.36 Lakhs has been utilized for this purpose. The audit committee has reviewed and approved the report, noting no significant deviations.
Key Highlights
- PNGS Gargi filed deviation statement for preferential equity share issue.
- Funds raised: ₹1091.25 Lakhs on August 26, 2025.
- Funds utilized for marketing and promotional expenses: ₹473.36 Lakhs.
- Audit Committee reviewed and approved the deviation report.
- No significant deviations noted in fund utilization.
Price Impact
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