Vapi Enterprise Ltd. has submitted a regulatory compliance statement to BSE Limited confirming that there has been no deviation or variation in the use of public issue proceeds raised from the company's Initial Public Offering (IPO).
The filing is made pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company explicitly states that the Statement of Deviation(s) or Variation(s) is not applicable as they have fully adhered to the originally stated utilization of IPO funds.
Financial Impact
The disclosure confirms no financial deviation from originally stated IPO fund utilization plans. No specific financial amounts or impacts are quantified in this compliance statement.