Statement on Deviation or Variation of Funds under Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended on 30.06.2026
REGULATORY
▲ Positive Development
LOW RISK
📅 Filed on BSE: 06 Aug 2026, 06:55 PM IST · BSE ID: 1724c03a-5d6e-42bd-a12e-8bc2a93e312d
View Original BSE Filing (PDF)
💡
In Simple Terms
The company confirmed all money from its recent share offering was spent as planned.
🤖 AI Summary
- No deviation reported in Right Issue fund utilization for Q ended June 30, 2026.
- Rs. 4684.50 Lakhs raised on January 25, 2024, fully utilized.
- Funds were allocated for acquisition, working capital, and corporate purposes.
- Minor utilization pending due to partly paid-up shares conversion.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Amount Raised
4684.50 Lakhs
Amount Utilized
2254.5 Lakhs
Remaining to be Utilized
2430.00 Lakhs
🏢 How This Affects the Company
Confirms adherence to the stated objects of the Right Issue, reinforcing financial transparency.
Reduces regulatory risk associated with non-compliance in fund utilization.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders regarding this filing.
👤
Who Is Affected
All shareholders are informed of the company's adherence to fund utilization commitments made during the Right Issue.
🔍
Management Signal
This filing signals management's commitment to regulatory compliance and transparent financial reporting.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Update on conversion of partly paid-up shares.
Next quarter's fund utilization statement.
Subsequent financial results disclosures.
LOW RISK
The filing confirms compliance with SEBI regulations regarding fund utilization.
💡 Investor Takeaway
Yarn Syndicate Limited reported no deviation in the utilization of Rs. 4684.50 Lakhs raised via Right Issue as of June 30, 2026, with full utilization for stated purposes except for amounts pending conversion of partly paid-up shares.
⚖️ Strengths & Concerns
✅ Positives
- Rs. 4684.50 Lakhs Right Issue funds fully accounted for as per objects.
- No deviation from original allocation demonstrates disciplined fund management.
⚠️ Concerns
- Rs. 2,430.00 Lakhs remain unutilized due to partly paid-up shares status.
- Rs. 0.00 Lakhs utilized for incremental working capital object.
❓ Frequently Asked Questions
What is Yarn Syndicate Ltd's statement on the utilization of Right Issue funds for Q ended June 30, 2026?
Yarn Syndicate Ltd has stated there are no deviations or variations in the utilization of funds from its Right Issue for the quarter ended June 30, 2026.
How much was raised by Yarn Syndicate Ltd through its Rights Issue?
Yarn Syndicate Ltd raised Rs. 4684.50 Lakhs through its Rights Issue on January 25, 2024.
What were the original objects for which funds were raised by Yarn Syndicate Ltd?
The funds were raised for acquisition of equity shares in Stitched Textiles Limited (Rs. 2534.50 Lakhs), incremental working capital (Rs. 1350.00 Lakhs), and general corporate purposes (Rs. 800.00 Lakhs).
What is the amount of funds utilized by Yarn Syndicate Ltd from the Right Issue as of June 30, 2026?
A total of Rs. 2254.5 Lakhs has been utilized from the funds raised, with Rs. 1984.5 Lakhs for acquisition of equity shares and Rs. 270.00 Lakhs for general corporate purposes.
Questions based on this BSE filing only. For information purposes.