Vraj Iron and Steel Limited — Others, 13-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Vraj Iron and Steel Limited has announced a board meeting to review its financial results for the quarter and half-year. For the quarter ended December 31, 2024, the company confirmed no deviations in the utilization of proceeds from its Initial Public Offer (IPO) of Rs. 171 Crore raised in July 2024. The Audit Committee has also reported no comments regarding the fund usage. This clarity on fund utilization fosters a positive outlook, reinforcing investor confidence in the company's financial discipline and operational integrity.