Yarn Syndicate Limited submitted a regulatory compliance statement to BSE Limited pursuant to SEBI Regulation 32 and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019.

The disclosure confirms that there were no deviations or variations in the utilization of proceeds from the company's Right Issue during the quarter ended September 30, 2026.

Key Quantitative Figures

  • Right Issue Date: July 1, 2026
  • Amount Raised: ₹189.35 lakhs (₹1.89 crore)
  • Total Fund Allocation: ₹4,684.50 lakhs (₹46.85 crore)
  • Total Amount Utilized: ₹2,443.17 lakhs (₹24.43 crore)
  • Unutilized Amount: ₹0.67 lakhs (₹67,000)

Fund Utilization Breakdown

| Purpose | Original Allocation (₹ lakhs) | Amount Utilized (₹ lakhs) | Unutilized Amount (₹ lakhs) | Remarks |

| Acquisition of Equity Shares in Stitched Textiles Limited | 2,534.50 | 1,984.50 | - | Shares are partly paid |

| Incremental Working Capital | 1,350.00 | 188.67 | 0.67 | Shares are partly paid |

| General Corporate Purpose | 800.00 | 270.00 | - | Shares are partly paid |

Governance and Compliance

  • Monitoring Agency: Not Applicable
  • Audit Committee Review: Conducted on November 2, 2026
  • Audit Committee Comments: None
  • Auditor Comments: None
  • Shareholder Approval: Not Applicable (no deviations)
  • Explanation for Deviation/Variation: Not Applicable

The statement was digitally signed by Tarachandbhai Agrawal, Director (DIN: 00465635), on November 2, 2026 at 17:28:25 IST for the main letter and at 17:29:02 IST for the accompanying statement.

Financial Impact

No financial impact from deviation or variation as none occurred. All fund utilization aligned with originally disclosed objects.