VR Films & Studios Confirms No Deviation in IPO Proceeds Usage for Quarter Ended March 31, 2026
VR Films & Studios Limited has confirmed to BSE Limited that there has been no deviation or variation in the use of its IPO proceeds for the quarter ended March 31, 2026. The disclosure was made in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, the Statement of Deviation(s) or Variation(s) is not applicable to the company for this quarter. The filing was submitted by Managing Director Manish Dutt on May 08, 2026.

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v r films & studios has informed BSE Limited that the Statement of Deviation(s) or Variation(s) under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the quarter ended March 31, 2026. The company confirmed that no deviation or variation has occurred in the utilisation of proceeds raised through its Initial Public Offering (IPO).
Regulatory Disclosure Under Regulation 32
The disclosure was made pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to submit a statement of deviation or variation in the use of public issue proceeds on a quarterly basis. Since the company has confirmed full adherence to the stated end-use of IPO funds, the statement is deemed non-applicable for the relevant quarter.
The key details of the regulatory filing are summarised below:
| Parameter: | Details |
|---|---|
| Company Name: | V R Films & Studios Limited |
| Filing Date: | May 08, 2026 |
| Quarter: | Quarter ended March 31, 2026 |
| Regulation: | Regulation 32, SEBI LODR Regulations, 2015 |
| Subject: | Non-applicability of Statement of Deviation(s) or Variation(s) |
| Fund Type: | Public Issue Proceeds (IPO) |
| Deviation Reported: | None |
Management Confirmation
The filing was signed by Manish Dutt, Managing Director of V R Films & Studios Limited, and submitted to the Department of Corporate Services at BSE Limited, P. J. Towers, Dalal Street, Mumbai – 400 001. The company has requested BSE to take the communication on record.
V R Films & Studios Limited is headquartered at 19, Chhadva Apartments, Near Diamond Garden, Sion-Trombay Road, Chembur, Mumbai – 400 071, and operates under CIN: L92100MH2007PLC177175.
Historical Stock Returns for V R Films & Studios
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.60% | 0.0% | 0.0% | 0.0% | 0.0% | -81.58% |
How has V R Films & Studios deployed its IPO proceeds so far, and what projects or expansions are expected to be funded in the upcoming quarters?
What are V R Films & Studios' revenue growth targets and content pipeline plans for FY2026-27 following the successful utilization of IPO funds?
Could V R Films & Studios consider raising additional capital through secondary offerings or debt instruments to fund future studio expansions or OTT partnerships?






























