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Afcons Infrastructure Limited has reported no deviation in the utilization of funds raised through its Initial Public Offer (IPO) for the quarter ended December 31, 2024. With ₹1,250 crores collected from the fresh issue, the company confirmed that all proceeds have been utilized as intended. The stability of fund allocation suggests effective management and adherence to approved objectives, potentially boosting investor confidence. This transparency may foster a positive outlook, indicating sound governance practices and financial discipline within the organization.