PBA Infrastructure Ltd Confirms No Public Issue Since 2005, No Deviation Statement Required for Q4 FY26
PBA Infrastructure Ltd informed BSE on April 7, 2026, that it has not undertaken any public issue, rights issue, preferential issue, or qualified institutional placement since 2005. As a result, the company stated that submission of deviation or variation statement for proceeds for the quarter ended March 31, 2026, is not applicable. The communication was made in compliance with Regulation 32 of SEBI (LODR) Regulations 2015 and was signed by Joint Managing Director Narain P. Belani.

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PBA Infrastructure Ltd has officially communicated to BSE that it has not undertaken any public issue, rights issue, preferential issue, or qualified institutional placement since 2005, making the submission of deviation statement unnecessary for the quarter ended March 31, 2026.
Regulatory Compliance Communication
The company's communication, dated April 7, 2026, was made pursuant to compliance with Regulation 32(1), 32(2), and 32(3) of SEBI (LODR) Regulations 2015. These regulations typically require companies to submit statements regarding deviation or variation in the utilization of proceeds from various types of issues.
| Parameter: | Details |
|---|---|
| Communication Date: | April 7, 2026 |
| Quarter Ended: | March 31, 2026 |
| Last Public Issue: | Before 2005 |
| Regulation Reference: | SEBI (LODR) Regulations 2015 - Section 32 |
Official Statement Details
The official communication was signed by Narain P. Belani, Joint Managing Director (DIN: 02395693), who confirmed that since the company has not gone for any public issue, rights issue, preferential issue, or qualified institutional placement since 2005, the submission of deviation or variation statement for the quarter ended March 31, 2026, does not arise.
Regulatory Context
Regulation 32 of SEBI (LODR) Regulations 2015 mandates companies to provide statements regarding the utilization of proceeds from various types of issues. However, companies that have not raised funds through these mechanisms are required to inform stock exchanges about the non-applicability of such submissions.
The communication demonstrates PBA Infrastructure Ltd's commitment to maintaining transparency and regulatory compliance, even when specific reporting requirements do not apply to their current situation due to the absence of recent fund-raising activities through public markets.
Historical Stock Returns for PBA infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.09% | +7.78% | +14.18% | -32.91% | -0.42% | +25.60% |
Will PBA Infrastructure consider raising capital through public markets in the near future given their 20+ year gap since the last issue?
How has the company funded its growth and operations without accessing public capital markets since 2005?
What factors might trigger PBA Infrastructure to explore equity fundraising options in the current market environment?






























