Nature of the Disclosure
This is a mandatory regulatory filing, a Statement of Deviation or Variation in Utilization of Funds Raised, pursuant to SEBI regulations.
Key Quantitative Figures
- Amount Raised: ₹1886.98 Lakh
- Funds Utilized against Issue Related Expenses: ₹187.00 Lakh (as per the table)
- Total Funds Utilized: ₹1303.61 Lakh (as per the table)
Dates of Action
- Fund Raising Period: September 22, 2025, to September 26, 2025
- Reporting Quarter Ended: March 31, 2026
Parties or Entities Involved
- Listed Entity: Solvex Edibles Limited (Formerly known as Solvex Edibles Private Limited)
Purpose or Stated Rationale
The purpose of the document is to disclose to shareholders and regulators whether there has been any deviation or variation from the disclosed objects of the public issue in the utilization of the raised funds.
Financial or Operational Impact
The disclosure explicitly states: "Is there a Deviation / Variation in use of funds raised: No". Therefore, there is no financial or operational impact from a deviation reported for this quarter.
Confirmation from Governance Bodies
- Audit Committee Comments: Reviewed and stated "Nil"
- Auditors Comments: "Nil"
Capital Structure Impact
No impact on capital structure is mentioned or implied by this disclosure, as it solely concerns the utilization of already raised capital.
Forward-Looking Guidance
No forward-looking guidance or management commentary is provided in this specific disclosure.
#Tags: #SolvexEdibles #FundUtilization #SEBIDisclosure #RegulatoryCompliance #Neutral