Pritika Auto Industries Limited — Others, 12-02-2025: Statement of deviation(s) or variation(s) under Reg. 32
12-02-2025 | 01:45 pm
12-02-2025 | 01:45 pm
Pritika Auto Industries Ltd. confirms there is no deviation or variation in the use of funds raised from the conversion of warrants into equity shares, totaling ₹6.87 crore. As of December 31, 2024, ₹56,250 remains unspent from this allocation. This statement, reviewed by the Audit Committee, reassures investors about the company's adherence to its capital raising objectives, signaling financial management stability. The confirmation of proper fund utilization could foster a positive outlook among investors, reinforcing confidence in Pritika's governance and operational integrity.
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