Ritco Logistics Limited — Others, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Ritco Logistics Limited has submitted a Statement of Material Deviations confirming no discrepancies in the use of proceeds from its equity share issues. The company raised ₹48.18 crore through a public issue and ₹99.99 crore via a preferential issue, with funds utilized in accordance with the objectives outlined in the offer documents. This update, reviewed by the Audit Committee, suggests effective fund management, reinforcing confidence in the company’s governance practices. Investors may view this as a positive outlook, indicating potential stability and reliability in Ritco’s operations.