Vedant Asset Reports No IPO Fund Utilization Deviations

Key Quantitative Figures

• Amount raised through IPO: ₹6 crore (₹60,000,000)
• Date of fund raising: October 12, 2022
• Reporting period: Half year ended September 30, 2026

Fund Utilization Status

The company confirmed that there are no deviations or variations in respect of the utilization of the proceeds of the Initial Public Offer as mentioned in the objects stated in the Prospectus of the Company.

Current Status of Funds

The disclosure states: "The company is still under the process of utilization of the funds. As of now there is no deviation or variance in the utilization of funds."

Monitoring and Governance

• The statement includes columns for comments of auditors and audit committee review, though specific comments are not detailed in the tabular data
• The filing includes the required statement of deviation/variation of funds for the half-year period

Financial Impact

No financial impact disclosed as the filing confirms no deviations from originally stated IPO object utilization.