Sibar Auto Parts: No Funds Raised, SEBI 32(1) Inapplicable

Key Details

• The disclosure dated 28 May 2026 references SEBI circular CIR/CFD/CMD/1/162/2019 dated 24th December 2019 regarding the Format on Statement of Deviation or Variation for proceeds of public issue/rights issue/preferential issue/Qualified Institutions Placement (QIP) etc.
• The company explicitly states that Regulation 32(1) is not applicable as the company has not raised any funds through any of the specified mechanisms.
• Consequently, the company is not submitting Annexure A as required by the SEBI circular.

Financial Impact

No financial impact disclosed as the company confirms no funds have been raised, making the reporting requirement inapplicable.