Sagar goenkasagar goenka asked 12 months ago
2 Answers
RaviRavi Staff answered 12 months ago

Statement of Deviation explains difference between application of money as per prospectus and as in reality .
Statement of variations how internal allocation of between capital expenditure , buildings, machines  , working capital , is different from that promised 

RaviRavi Staff answered 12 months ago

Statement of Deviation focuses on whether PURPOSE for which money is raised is used.
Statement of Variation is even if it used for proper purpose whether internal allocation is fine.