Statement of Deviation or Variation – SEBI LODR

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When:
July 21, 2022 all-day
2022-07-21T00:00:00+05:30
2022-07-22T00:00:00+05:30

Description:-

The listed entity shall submit to the stock exchange the following statement(s) on a quarterly basis for public issue, rights issue, preferential issue etc. ,- (a) indicating deviations, if any, in the use of proceeds from the objects stated in the offer document or explanatory statement to the notice for the general meeting, as applicable; (b)indicating category wise variation (capital expenditure, sales and marketing, working capital etc.) between projected utilisation of funds made by it in its offer document or explanatory statement to the notice for the general meeting, as applicable and the actual utilisation of funds.

Format:-

No prescribed format.

Penalty:-

Stock Exchange Shall levy Rs.1,000 per day fine as per SEBI Circular SEBI/HO/CFD/CMD/CIR/P/2018/77 dated 03 May 2018.

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