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Regulatory29 May 2026, 02:14 am

Valencia Nutrition Confirms No Deviation in Fund Utilization for FY26

AI Summary

Valencia Nutrition Limited has submitted its Statement of Deviation or Variation for the half-year and financial year ended March 31, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that funds raised through preferential issues of equity shares and convertible warrants have been fully utilized for the objects stated in their respective offer documents, with no deviation or variation in utilization. This confirmation was reviewed by the Audit Committee and supported by a certificate from the Statutory Auditor.

Key Highlights

  • Valencia Nutrition confirmed no deviation in fund utilization for FY226.
  • Funds from preferential issues and convertible warrants were fully utilized.
  • Utilization was as per stated objects in offer documents.
  • Statutory Auditor's certificate confirms full fund utilization.
  • Disclosure made under SEBI Regulation 32 for compliance.