Shri Niwas Leasing: Non-applicability of Regulation 32 for Q2 FY27

Shri Niwas Leasing And Finance Ltd has filed an undertaking stating that Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable for the quarter and half-year ended September 30th, 2026. This is because the company has not yet commenced the issuance process for its approved unlisted 1% Non-Convertible Preference Shares, amounting to ₹11,650 Crores, which were approved in the AGM held on September 22nd, 2026. Regulation 32 typically requires listed entities to report deviations in the use of proceeds from offer documents for public, rights, or preferential issues.