Regulatory29 May 2026, 08:11 pm
Vedant Asset: No Deviation in IPO Proceeds as of Mar 2026
AI Summary
Vedant Asset Ltd reports no deviations or variations in the utilization of proceeds from its Initial Public Offer (IPO) as of March 31, 2026. This is according to Regulation 32 of the SEBI Listing Regulations and SEBI circular No. CIR/CFD/CMD1/162/2019. The company is still in the process of utilizing the funds, and the audit committee and auditors have reported no deviations or variances.
Key Highlights
- Vedant Asset Ltd confirms no deviation in IPO proceeds utilization as of March 2026.
- The report is pursuant to SEBI Listing Regulations and SEBI circular.
- The company raised ₹30000000 on October 12, 2022.
- Audit Committee and auditors reported no deviations or variances.
- The company is still under the process of utilization of the funds.
Price Impact
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