BSECompany Update6 Aug 2026 · 6 Aug 2026, 06:55 pm
Statement on Deviation or Variation of Funds under Regulation 32 of SEBI (LODR) Regulations, 2015 for the quarter ended on 30.06.2026
Yarn Syndicate Ltd · 514378
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Yarn Syndicate Ltd has filed a statement on deviation or variation of funds under Regulation 32 of SEBI (LODR) Regulations, 2015, stating that there are no deviations or variations in the utilization of the proceeds of the right issue of the company during the quarter ended June 30, 2026.
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Yarn Syndicate Ltd - 514378 - Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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YARN SYNDICATE LIMITED
CIN: L51109GJ1946PLC153972
Registered Office & Corporate office: 188/2, Ranipur Village, Opp. CNI Church, Narol,
Ahmedabad, Daskroi, Gujarat, India,382405
E-mail: ysl@yarnsyndicate.in, Contact No:
+91 78628 68215
Date
: 6 August,2026
BSE Limited
Phiroze Jeejeebhoy Tower,
Dalal Street,
Mumbai – 400 001.
Dear SSiur b/: M Staadtaemm, ent on Deviation or Variation of funds under Regulation 32 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Ref: Security Id: YARNSYN / Code: 514378
Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No.
CIR/CFD/CMD1/162/2019 dated December 24, 2019, please note that there are no deviation(s) or
variation(s) in respect of the utilization of the proceeds of the Right issue of the Company during the
th th
Quarter ended on 30 June, 2026, as mentioned in the object clause of the Final Letter of Offer dated 25
January 2024, please find enclosed herewith a statement in this regard.
A statement confirming that there is no deviation or variation in the utilization of these proceeds is
enclosed herewith.
We hereby inform you that in Integrated Financial- General Info we are selecting “NO” for applicability of
“Statement of Deviation’' as due to limitation of the column “Number of time funds raised during the
quarter” we are unable to represent that we have not raised the funds in the current quarter i.e. Quarter
ended 30 June,2026.
This is to further inform that the Company has not raised any funds during the current quarter and also
there are no issue proceeds pending to be utilized. However, the Company has raised fund on 25
January,2024 by way of right issue and funds are utilized fully for the purpose for which it was raised,
except the amount which is yet to be utilized due to partly paid-up shares not converted into the fully
paid up.
Hence, we are filing SOD for the quarter ended on 30 June, 2026 with PDF of Integrated Financials
considering it as a part of the Compliance and good corporate governance.
This is for your information and records please.
TFhOaRn,k YinAgR YNo SuY, NDICATE LIMITED
TARACHAND GANGASAHAY AGRAWAL
DIRECTOR
DIN: 00465635
STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED:
Name of listed entity Yarn Syndicate Limited
Mode of Fund Raising Rights Issue
Date of Raising Funds 25-01-2024
Amount Raised 4684.50 Lakhs
Report filed for Quater ended 30-06-2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable Not Applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms Not Applicable
of a contract or objects, which was approved by the
Unitholders
If Yes, Date of Unitholders Approval Not Applicable
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review None
Comments of the auditors, if any None
Set forth below are objects for which funds have been raised in the Right Issue and details of deviation,
if any, in the following table:
Original Object Modified Original allocation of Estimated Modified Funds Amount of Remark s
Object, if Allocation As Money As per deployment Allocation, Utilized (₹ Deviation/ if any
any per LOF (₹ in Application in if any in Lakh) Variation for
Lakh) Money FY 2024-25 Quarter
Received (₹ in (Rs. in according to
Lakh) Lakhs) applicable
object
Acquisition of No 2534.50 1984.50 550.00 - 1984.5 No Shares
Equity Shares deviation are
in Stitched partly
Textiles Paid
Limited
Incremental No 1350.00 0.00 1350.00 - 0.00 Shares
Working are
Capital partly
Paid
General No 800.00 270.00 530.00 - 270.00 no Shares
Corporate deviation are
P Tu or tp ao
4684.50 2254.50 2430.00 2254.5
partly
Paid
FOR, YARN SYNDICATE LIMITED
TARACHAND GANGASAHAY AGRAWAL
DIRECTOR
DIN: 00465635