Regulatory8 May 2026, 06:51 pm
Aeroflex Neu: Deviation Statement for Quarter Ended March 2026
AI Summary
Aeroflex Neu Limited (formerly Sah Polymers Limited) informs the stock exchange about the Statement of Deviation and Variation for the quarter and year ended March 31, 2026, as per Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement, reviewed by the Audit Committee and taken on record by the Board, indicates no deviation or variation in the use of funds raised through the allotment of convertible warrants on a preferential basis on July 25, 2025, amounting to ₹6,480 Lakhs.
Key Highlights
- Aeroflex Neu reports no deviation in fund utilization for the quarter ended March 31, 2026.
- Funds were raised via allotment of convertible warrants on July 25, 2025, totaling ₹6,480 Lakhs.
- The Statement of Deviation and Variation was reviewed by the Audit Committee and Board.
- Original objects included construction, working capital, issue expenses, and general corporate purposes.
Price Impact
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