Ducon Infratechnologies Limited — Others, 10-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Ducon Infratechnologies Limited has announced a board meeting to discuss the Statement of No Deviation in the utilization of funds raised through the Right Issue. The company confirmed that, for the quarter ended December 31, 2024, there has been no deviation or variation in the usage of the ₹45.49 crore proceeds. This clarity on fund utilization reinforces governance and transparency, likely enhancing investor confidence. The lack of deviations points to disciplined financial management, which may be viewed positively by investors looking for stable operational practices and effective use of capital.