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

Kamdhenu Limited has confirmed that there is no deviation in the utilization of funds raised from its recent preferential issue of equity shares, amounting to ₹97.08 crore. This statement, reviewed by the Audit Committee and noted by the Board of Directors, assures stakeholders of adherence to the original fundraising purposes as outlined during the Extra-ordinary General Meeting. The funds are primarily allocated for strategic equity acquisitions, capital expenditure, and brand enhancement. This solid demonstration of financial discipline could foster a positive outlook among investors, indicating strong governance and prudent management of shareholder funds.