AVG Logistics Limited — Others, 12-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

AVG Logistics Limited has announced a board meeting to discuss the statement confirming no deviation in the utilization of funds raised through the preferential issue of convertible warrants. The total amount raised was ₹18.42 crore, which has been fully utilized for acquisition of a warehouse, working capital, and other corporate purposes, as reviewed by the Audit Committee. This clarity reinforces the company’s adherence to its planned financial strategy. Investors may view this as a positive outlook, as it indicates effective fund management and alignment with strategic objectives, potentially enhancing confidence in the company's governance and financial health.