Clarification28 May 2026, 06:44 pm
SEBI fund utilization deviation statement not applicable to 520141
AI Summary
520141 has informed the exchange that SEBI Regulation 32(1) concerning the statement of deviation or variation for proceeds of public/rights/preferential/QIP issues is not applicable. The company has not raised any funds through such issues, therefore it will not submit Annexure A as per the SEBI circular dated December 24, 2019. This disclosure is for information and necessary records, clarifying the company's compliance status regarding fund utilization disclosures.
Key Highlights
- SEBI Regulation 32(1) on fund deviation is not applicable to the company.
- The company has not raised funds via public, rights, preferential, or QIP issues.
- Consequently, Annexure A for fund deviation will not be submitted.
- This clarifies the company's compliance with SEBI disclosure requirements.
Price Impact
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