Rajshree Polypack Limited — Others, 07-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Rajshree Polypack Limited confirms no deviation in the use of proceeds from its preferential issue of equity shares and convertible warrants, as reviewed by the Audit Committee. The company raised ₹16.1975 crore from equity shares and ₹1.5675 crore from convertible warrants, with funds allocated mainly for long-term working capital and general corporate purposes. This transparency is likely to bolster investor confidence, reflecting the company's commitment to its outlined financial strategies. Overall, this update presents a stable outlook for shareholders, minimizing potential risks concerning fund utilization.