PNGS Gargi Fashion Jewellery: Deviation in Fund Utilization for Preferential Issue

PNGS Gargi Fashion Jewellery Ltd has filed a Statement of Deviation(s) or Variation(s) for the quarter ended June 30, 2026, concerning funds raised through a preferential issue on August 26, 2025. The company raised ₹1091.25 Lakhs. The primary object of the fundraise was marketing and promotional expenses. The report indicates a deviation, with funds largely utilized for marketing and promotional expenses as originally intended. The Audit Committee has reviewed the statement and found no issues, with comments marked as 'Nil'. The filing is in compliance with SEBI (LODR) Regulations, 2015.