Corporate Governance28 May 2026, 05:19 pm
Shyama Computronics Reports No Deviation in Fund Utilization for Q4 FY26
AI Summary
Shyama Computronics and Services Limited announced that there were no deviations or variations in the utilization of proceeds from its Preferential Issue of Convertible Warrants and Rights Issue for the quarter ended March 31, 2026. This statement, confirming compliance with Regulation 32 of SEBI Listing Regulations and SEBI Circular dated December 24, 2019, was duly reviewed by the Audit Committee. The company affirmed that the funds were utilized as per the stated objects of raising funds, with no comments from auditors.
Key Highlights
- No deviation in utilization of Preferential Issue and Rights Issue proceeds.
- Compliance with SEBI Regulation 32 for the quarter ended March 31, 2026.
- Audit Committee reviewed and confirmed the statement of no deviation.
- Funds were utilized as per the stated objects of raising funds.
Price Impact
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