SATYAM SILK MILLS LIMITED
Company Information:
- Script ID: ZSATYASL
- Address: 82, Maker Chambers 111, Nariman Point, Mumbai 400 021
- Contact: Tel. No. 022-2204 2554 / 2204 7164, Email: satyamsilkmill@gmail.com
Document Details:
- Addressed to: BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
- Subject: Statement of Deviation(s) or Variation(s) under Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference: SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019
- Period: Quarter ended September 30, 2026
Key Disclosure:
The company submitted a Statement of Deviation(s) or Variation(s) as required under SEBI Listing Regulations. The statement was reviewed and approved by the Audit Committee at its meeting held on November 12, 2026.
Fund Raising Details:
- Mode of Fund Raising: Rights Issue
- Date of Raising Funds: July 6, 2022
- Amount Raised: ₹1,11,62,500 (₹1.12 crore)
Utilization Status:
- The company confirms there has been no deviation or variation in the use of proceeds from the rights issue.
- Unutilized funds have been temporarily invested in Money Market Mutual Funds pending actual utilization.
Specific Fund Allocation:
- Original objects for fund utilization:
- To part finance incremental Working Capital of the Company: ₹1,11,62,500 allocated
- To meet General corporate purposes: Not specified
- To meet the expenses of the Issue: ₹19,44,346 utilized
Regulatory Compliance:
- Monitoring Agency: Not applicable
- Shareholder Approval: Not applicable (no deviation)
- Explanation for Deviation/Variation: Not applicable
- Audit Committee Comments: Not applicable
- Auditor Comments: Not applicable
Mr. Rohitkumar Mishra, Wholetime Director