Rights Issue29 May 2026, 03:02 pm
Satyam Silk Mills: No Deviation in Rights Issue Proceeds
AI Summary
Satyam Silk Mills Ltd. has confirmed that there were no deviations or variations in the use of proceeds from its rights issue for the quarter/year ended March 31, 2026. This statement, under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was reviewed by the Audit Committee on May 29, 2026.
Key Highlights
- Satyam Silk Mills reports no deviation in rights issue proceeds utilization.
- Compliance filing under SEBI Regulation 32 for the period ending March 31, 2026.
- Audit Committee reviewed the statement on May 29, 2026.
- The company confirms adherence to the intended use of funds.
Price Impact
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