ALPHA TRIBE

Priti International LimitedOthers, 14-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

14-02-2025 | 04:47 pm

Priti International Limited has provided a Statement of Deviation or Variation regarding the utilization of funds raised through a preferential issue of convertible warrants. The total amount raised was ₹2916.48 crore, earmarked for working capital and expansion of its offline market business. For the quarter ending December 31, 2024, there has been no deviation in the intended use of these funds, with all capital allocated as planned. This reaffirms the company’s adherence to its funding strategy, providing a positive outlook for investors, suggesting stability in financial management and operational focus.

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