ALPHA TRIBE

Affle 3i LimitedOthers, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

11-02-2025 | 05:14 pm

Affle (India) Limited has submitted a statement regarding the utilization of funds as of December 31, 2024, confirming no deviations from the original allocation of funds raised through a Qualified Institutional Placement (QIP) on May 4, 2021, amounting to ₹5906.90 million, or the preferential issue from November 22, 2023, which raised ₹7374.3 million. The report indicates proper utilization of funds in line with the intended objectives, offering assurance regarding financial management. This clarity around fund usage may bolster investor confidence in the company’s operational integrity and strategic focus, indicating a positive outlook moving forward.

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