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Honasa Consumer Limited has confirmed that there has been no deviation or variation in the utilisation of funds raised through its Initial Public Offer (IPO) during the quarter ended December 31, 2024. The Audit Committee reviewed the usage, which totals ₹350.49 crore, noting that funds were utilized as per the original objectives stated in the prospectus. This confirms the company’s adherence to financial prudence and strategic planning, potentially enhancing investor confidence. The consistent allocation of funds suggests a continued focus on brand visibility and operational growth without any unexpected shifts in strategy.