Associated Ceramics Limited has officially confirmed that it did not raise any funds through a public issue, rights issue, preferential issue, or qualified institutional placement (QIP) during the quarter ended June 30, 2026. Consequently, the company stated that the requirement to submit a statement of deviation or variation concerning such fund-raising activities is not applicable.
Quarterly Funding Confirmation
Associated Ceramics Limited has issued a formal statement regarding its financial activities for the first quarter of the fiscal year ending June 30, 2026. The company confirms that no capital was raised through any form of public or private offerings during this period. Specifically, there were no activities related to a Public Issue, Rights Issue, Preferential Issue, or Qualified Institutional Placement (QIP).
Applicability of Disclosure Regulations
In accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, companies are required to disclose any deviations or variations in the utilization of funds raised through specific instruments. As Associated Ceramics Limited did not undertake any such fund-raising activities in the quarter ended June 30, 2026, the company has confirmed that the related disclosure requirement under Regulation 32 is not applicable to its operations for this period.
The company has requested acknowledgment of the receipt of this statement.
Source: BSE