Orient Beverages Ltd. has submitted a regulatory disclosure to BSE Ltd. and The Calcutta Stock Exchange Ltd. regarding the non-applicability of SEBI (LODR) Regulation 32 for the quarter ended June 30, 2026.
Regulation 32 of the SEBI (LODR) Regulations, 2015 requires listed entities to submit quarterly statements of deviation or variation after audit committee review. This requirement applies to funds raised through public issues, rights issues, preferential issues, etc., and must continue until issue proceeds are fully utilized or the purpose for raising funds is achieved.
The company states that it has not raised any funds through public issue, right issue, or preferential issue. Therefore, Regulation 32 does not apply to the company for the quarter ended June 30, 2026.
Financial Impact
No financial impact disclosed. The disclosure is a regulatory compliance statement regarding the non-applicability of specific SEBI regulations.