Shreenath Paper Products: Deviation Statement for FY26

Shreenath Paper Products Ltd submitted a statement of deviation for the financial year ended March 31, 2026, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement, certified by S H Dhama & Associates, Statutory Auditors, concerns the utilization of funds raised through a public issue as detailed in the Offer Letter dated February 17, 2025. The Audit Committee reviewed the statement in its meeting held on May 30, 2026. As of March 31, 2026, ₹1798.60 Lakhs was used for funding working capital, with ₹1.40 Lakhs unutilized and held in an Escrow Public Issue Account.