A B Infrabuild Limited — Others, 13-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

A B Infrabuild Limited has announced a board meeting to discuss the statement of deviation or variation for the quarter ended 31st December 2024 regarding the utilization of funds from its Rights Issue and Preferential Issue. It confirms no deviations in fund usage, with ₹9.95 crores raised from the Rights Issue on 15th October 2024 and ₹28.25 crores from the Preferential Issue on 12th November 2024. This transparency may bolster investor confidence by indicating strong compliance and effective fund management, presenting a positive outlook for future operations.