Annual statements on use of issue proceeds
The annual Reg 32 statements on issue proceeds used for other purposes and on unutilised preferential-allotment or QIP funds.
Annual funds utilisation statements
- SEBI
- SEBI periodic filings
- Not specified
- 2026-09-01
Regs 32(5) and 32(7A) require annual disclosures but do not set a day-count from the financial year end. Place the auditor-certified Reg 32(5) statement before the audit committee. Put the Reg 32(7A) disclosure in the annual report until the funds are fully used.
Deadlines counted from an event
Prepare the Reg 32(5) statement annually and include the Reg 32(7A) disclosure in the annual report. The regulations set no separate day-count.
The rule
Prepare the Reg 32(5) statement annually and include the Reg 32(7A) disclosure in the annual report. The regulations set no separate day-count.
Who must comply
- A listed entity that has not fully used issue proceeds covered by Reg 32(5) or Reg 32(7A)
Statutory basis
Before you file
- Identify issue proceeds that remain unutilised.
- Get the statutory auditor's certificate for funds used for other purposes.
- Prepare the annual-report disclosure for preferential-allotment and QIP funds.
How to file
- Place the certified Reg 32(5) statement before the audit committee.
- Add the Reg 32(7A) disclosure to the annual report.
- Repeat the disclosure each year until the entity uses all the funds.
Audit committee papers and the annual report