StockWatch
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Other Textile Products
Regulatory10 Aug 2026, 07:40 pm

Vardhman Polytex Reports NIL Deviation in Fund Utilization for Q1 FY27

AI Summary

Vardhman Polytex Limited has submitted its Statement of Deviation under Regulation 32 of SEBI LODR for the quarter ended June 30, 2026. The company reported NIL deviation or variation in the usage of funds raised through a Preferential Issue, which included conversion of warrants and issuance of optionally convertible debentures. The total amount raised was ₹22,70,76,563 from warrants and ₹15,00,00,000 from debentures. The statement has been reviewed by the company's Audit Committee, which also found no deviation.

Key Highlights

  • Vardhman Polytex reports no deviation in fund utilization for Q1 FY27.
  • Funds were raised via Preferential Issue (warrants and debentures).
  • Total funds raised amounted to ₹37,70,76,563.
  • Audit Committee reviewed and confirmed no deviation.
  • Filing complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.