Corporate Governance14 Oct 2026, 04:50 pm
Vedant Asset: No IPO Fund Use Deviation for H1 FY27
AI Summary
Vedant Asset Ltd has filed its Statement of Deviation and Variance for the half-year ended September 30, 2026. The company confirms there have been no deviations or variations in the utilization of funds raised through its Initial Public Offer (IPO) compared to the objects stated in its prospectus. As of the reporting period, the company is still in the process of utilizing the IPO funds, and the Audit Committee has noted no discrepancies. The filing is in compliance with SEBI Listing Regulations.
Key Highlights
- No deviation in IPO fund utilization reported for H1 FY27.
- Funds are being utilized as per the objects stated in the prospectus.
- Company is still in the process of utilizing IPO funds.
- Audit Committee confirms no variances as of September 30, 2026.
Price Impact
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