Regulatory14 Aug 2026, 07:11 pm
Starlit Power Systems: Reg 32 Non-Applicability Undertaking
AI Summary
Starlit Power Systems Ltd has submitted an undertaking to the stock exchange stating that Regulation 32 of SEBI (LODR) Regulations, 2015 is not applicable to the company for the quarter ended June 30, 2026. This is because the company has not undertaken any public issue, rights issue, or preferential issue during this period. Regulation 32 mandates disclosure of deviations in the use of proceeds from offer documents for such issuances.
Key Highlights
- Company confirms non-applicability of SEBI LODR Regulation 32.
- No public, rights, or preferential issues were made by the company.
- Undertaking pertains to the quarter ending June 30, 2026.
- Ensures compliance by clarifying the absence of reportable fund utilization deviations.
Price Impact
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