StockWatch
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Tour- Travel Related Services
Clarification20 Apr 2026, 05:51 pm

Sailani Tours N Travels: No Deviation in IPO Fund Use

AI Summary

Sailani Tours N Travels Ltd has confirmed the non-applicability of the statement of deviation or variation for the use of proceeds from its Initial Public Offering (IPO). The company stated that there have been no deviations or variations in how the IPO funds were utilized during the quarter ending March 31, 2026. Consequently, the formal statement detailing such deviations is not required for this period.

Key Highlights

  • No deviation in IPO fund utilization confirmed.
  • Statement of deviation not applicable for Q4 FY26.
  • Company adheres to SEBI LODR Regulations.
  • Confirms proper use of public issue proceeds.