Vision Infra Equipment Solutions Limited — Others, 07-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Vision Infra Equipment Solutions Limited has announced a board meeting to discuss the utilization of funds raised through their Initial Public Offering (IPO), which amounted to ₹106.21 Cr. Net proceeds after public issue expenses totaled ₹97.28 Cr. The review indicates no deviation in fund usage against the approved objectives, confirming a steady allocation for capital expenditure, working capital, and general corporate purposes.

This clarity on fund utilization could bolster investor confidence, reflecting a disciplined financial management approach and reinforcing the company’s strategy for sustainable growth.