BSECompany Update6d ago · 14 Aug 2026, 04:25 pm
Nil Statement
7Seas Entertainment Ltd · 540874
✦ AI Summary
7Seas Entertainment Ltd has submitted a nil statement to BSE regarding deviation or variation in the utilization of funds raised through a preferential issue, stating that there has been no deviation or variation in the use of proceeds for the quarter ended June 30, 2026.
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Growth Catalyst2/10
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Liquidity Impact8/10
Market Sentiment5/10
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7Seas Entertainment Ltd - 540874 - Nil Statement On Deviation Or Variation In Utilization Of Funds Raised
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7SEAS
ENTERTAINMENT LTD
Date: August 14, 2026
Place: Hyderabad
The Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai - 400001
Scrip Code: 540874
Symbol: 7SEASL
ISIN: INE454F01010
Sub: Statement of Deviation(s) or Variation(s) as per Regulation 32 of SEBI (LODR)
Regulations, 2015 for the Quarter ended 30th June 2026
Dear Sir/Madam,
Pursuant to the provisions of Regulation 32 of the Securities and Exchange Board of India
(“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI
Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, regarding the “Format on
Statement of Deviation or Variation for proceeds of public issue, rights issue, preferential issue,
Qualified Institutions Placement (QIP) etc.”, we hereby confirm that there has been no deviation
or variation in the use of proceeds of the Preferential Allotment from the objects stated in the
Letter of Offer during the quarter ended June 30, 2026.
Accordingly, a Nil Statement of Deviation or Variation, duly reviewed by the Audit Committee
of the Company, is enclosed herewith as Annexure A.
Kindly take the above information on record.
Thanking you.
Yours faithfully,
LINGAMANEN Pisialsipedts
IGAMANEN! MARUTI
I MARUTI SANKER
Date: 2026.08.14
SANKER 15:06:19 +0530°
For 7Seas Entertainment Limited
L. Maruti Sanker
Managing Director
(DIN: 01095047)
9 e © 2
5th Floor, Plot No.92, 93 & 94, Phase-3, Ph No: 040- 49533636 | GSTIN : 36AAACF3012A1ZK info@7seasent com
Kavuri Hills, Madhapur, CIN : L72900TG1991PLC013074 www.7seasent.com
Hyderabad-500 081, India, Telangana.
7SEAS
ENTERTAINMENT LTD
Annexure A
Nil Statement of Deviation/ Variation in utilization of Funds raised
Name of listed entity 7Seas Entertainment
Mode of Fund Raising Preferential Issue
Date of Raising Funds 25-02-2026
Amount Raised Rs. 17,32,00,000
Report filed for Quarter ended 30.06.2026
Monitoring Agency Yes
Monitoring Agency Name, if applicable Brickwork Ratings India Private Limited
Is there a Deviation / Variation in use of No
fundraised
If yes, whether the same is pursuant to Not Applicable
change in terms of a contract or objects,
which was approved by the shareholders
If Yes, Date of shareholder Approval Not Applicable
Explanation for the Deviation / Variation | Not Applicable
Comments of the Audit Committee after | None
Teview
Comments of the auditors, if any None
Objects for which funds have been raised and where there has been a deviation, in the
following Table:
Original Object Modified | Original | Modified | Funds | Amountof | Remarks
Objecti,f | Allocation | allocation | Utilized | Deviation/ | if any
any if any Variation
For the
quarter
according
applicable
object
Meeting the working | Not 173200000 | NIL 38194139 | NIL NIL
capital requirements | modified
of the Company.
Investment in new
projects, business
opportunities, and
strategic ventures.
Incurring capital
expenditure towards
9 @3 e ‘LL;‘:;“”}““NiENR WN’:&“ 52
SANKER Fi
5th Floor, Plot No.92, 83 & 94, Phase-3, Ph No: 040- 49533636 GSTIN : 36AAACF3012A1ZK info@7seasent.com
Kavuri Hills, Madhapur, CIN : L72900TG1991PLC013074 www.7seasent.com
Hyderabad-500 081, India, Telangana
7SEAS
ENTERTAINMENT LTD
acquisition of office
Ppremises. General
corporate purposes
Deviation of variation could mean:
a) Deviation in the objects or purposes for which the funds have been raised or
b) Deviation in the amount of funds actually utilized as against what was originally
disclosed or
c) Change in terms of a contract referred to in the fund-raising document, i.e., Prospectus,
letter of offer etc.
Note: The entire proceeds raised by the Company through the Preferential Issue, during the
quarter ended 31.03.2026, have been utilized for the objects as stated in the Letter of
Offer/Explanatory statement.
Thanking you
LINGAMAN Digitally signedby
LINGAMANENI
ENI MARUTI MARUTISANKER
SANKER D 1a 5t :e 0: 7 2 :0 12 46 +.0 08 5. 31 04
For 7Seas Entertainment Limited
L. Maruti Sanker
Managing Director
(DIN: 01095047)
9 e © 2
Sth Floor, Plot No.92, 83 & 94, Phase-3, Ph No: 040- 49533636 GSTIN : 36AAACF3012A1ZK info@7seasent.com
Kavuri Hills, Madhapur, CIN : L72900TG1991PLC013074 www.7seasent.com
Hyderabad-500 081, India, Telangana