
Regulatory30 May 2026, 06:31 pm
UVS Hospitality: No Deviation in Use of Proceeds
AI Summary
UVS Hospitality And Services Ltd reported no deviation or variation in the use of proceeds for the quarter ended March 31, 2026, as per Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement, reviewed by the Audit Committee, confirms that the funds raised through preferential issue of equity shares & warrants and allotment of shares by way of swap were utilized as intended. The company raised ₹14.63 Cr through equity shares, ₹3.94 Cr through warrants and ₹42.50 Cr through allotment of shares by way of swap on May 15, 2024.
Key Highlights
- UVS Hospitality reports no deviation in use of funds for Q4 2026.
- Funds raised via preferential issue and share swap utilized as intended.
- Audit Committee reviewed and approved the statement.
- Total funds raised: ₹14.63 Cr (Equity), ₹3.94 Cr (Warrants), ₹42.50 Cr (Share Swap).
Price Impact
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