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Gokaldas Exports Limited has reported that there were no deviations in the utilization of the ₹600 crore raised through Qualified Institutional Placement (QIP) as of December 31, 2024. The funds were allocated for various purposes, including repayment of borrowings and investments into its subsidiary, Sri Susamyuta Knits. This confirmed adherence to the original funding objectives can strengthen investor confidence in management's financial discipline. The continued alignment with strategic goals reflects a positive outlook for the company's operational health and growth prospects, minimizing potential risks associated with fund misallocation.