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

Kamdhenu Ventures Limited has announced a board meeting to confirm that there has been no deviation in the utilization of proceeds from the preferential issue of equity shares, with funds allocated as initially outlined. The allocation supports the working capital needs of its wholly owned subsidiary, Kamdhenu Colour and Coatings Limited, and enhances branding efforts, while also addressing capital expenditure on new machinery. This adherence to planned usage positively reflects on corporate governance, potentially boosting investor confidence by indicating effective management of funds without any discrepancies.