
Quarterly Updates12 Nov 2026, 07:23 pm
Vardhman Polytex: NIL Deviation in Fund Utilization for Q2 FY27
AI Summary
Vardhman Polytex Limited has submitted its Statement of Deviation/Variation in the usage of funds raised through a Preferential Issue (warrants conversion) for the quarter ended September 30, 2026. The company reported NIL deviation or variation in the utilization of the total amount raised, which was ₹23,90,77,501/-. The statement confirms that the funds were utilized as per the original objects, and this has been reviewed and approved by the company's Audit Committee. The filing complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- No deviation reported in fund utilization for the quarter ended September 30, 2026.
- Funds were raised via Preferential Issue (warrants conversion) totaling ₹23.91 Crore.
- Audit Committee reviewed and approved the statement of NIL deviation.
- Compliance with SEBI LODR Regulations, 2015 confirmed.
Price Impact
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