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

Celebrity Fashions Limited has confirmed that there has been no deviation in the utilization of funds raised through its preferential issue, amounting to ₹5.10 crore, as per the postal ballot notice from February 2024. A total of ₹5.02 crore has been utilized primarily for redeeming cumulative redeemable preference shares, leaving a balance of ₹0.08 crore for future expenses or further redemptions. This transparency in fund usage may enhance investor confidence, reflecting effective financial management. The positive sentiment may be bolstered as the company adheres to its financial commitments without variances, indicating stable governance.