StockWatch
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Non Banking Financial Company (NBFC)
Regulatory13 Aug 2026, 06:24 pm

Sunshine Capital Undertakes Non-Applicability of SEBI LODR Reg 32

AI Summary

Sunshine Capital Ltd has filed an undertaking stating that Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the quarter ended June 30, 2026. This regulation typically requires listed entities to report deviations in the use of proceeds from public, rights, or preferential issues. The company's Managing Director, Surendra Kumar Jain, certified that no such issues were undertaken by the company during the specified period, hence rendering the regulation inapplicable.

Key Highlights

  • Sunshine Capital Ltd confirms non-applicability of SEBI LODR Regulation 32.
  • Regulation 32 pertains to the utilization of funds from public/rights/preferential issues.
  • The company did not undertake any such issues in the quarter ended June 30, 2026.
  • This filing is a procedural undertaking for regulatory compliance.