Regulatory27 May 2026, 07:31 am
Shree Marutinandan Tubes: Deviation Statement for Half Year Ended March 2026
AI Summary
Shree Marutinandan Tubes Ltd. filed a statement of deviation and variation under Regulation 32(1) of the SEBI (LODR) Regulations, 2015 for the half year ended March 31, 2026. The filing indicates a reallocation of ₹0.09 crores from Public Issue Expenses to General Corporate Purposes, as approved by the Audit Committee and Board. The total amount raised was ₹14.30 crores on January 17, 2024.
Key Highlights
- Shree Marutinandan Tubes reports deviation in fund utilization for HY ended March 2026.
- ₹0.09 crores reallocated from Public Issue Expenses to General Corporate Purposes.
- Total funds raised on January 17, 2024, amounted to ₹14.30 crores.
- Audit Committee and Board approved the reallocation on January 16, 2026.
- Statement filed under SEBI (LODR) Regulations, 2015.
Price Impact
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