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Rushil Decor informs about statement of deviation or variation

01 Aug 2024 Evaluate

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Rushil Decor has confirmed that there is no deviation or variation in use of the proceeds from the objects stated in the Private Placement Offer Letter for Preferential Issue. A statement of deviation or variation, duly reviewed by the Audit Committee, is attached. The Company has received Rs 48.76 crores through the preferential issue up to June 30, 2024 and may receive the balance amount within the time limit as mentioned in the SEBI (ICDR) Regulations. Out of Rs 48. 76 crores, Company has utilised Rs 37.38 crores up to the Quarter ended June 30, 2024 for the objects stated in the Private Placement Offer Letter.

The above information is a part of company’s filings submitted to BSE.


Rushil Decor Share Price

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