Godha Cabcon & Insulation Limited — Others, 07-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Godha Cabcon & Insulation Limited has provided a statement regarding the utilization of funds raised through a preferential issue on August 3, 2024. The total raised amounts to ₹99 crore, with significant funds allocated for working capital and other corporate purposes. Notably, there has been no deviation in the use of these funds, and the company confirmed that all funds were utilized as per the originally disclosed objectives. This update reflects a disciplined financial approach and suggests a stable outlook for shareholders, mitigating potential risks related to fund management. Additionally, the company is in the process of applying for listing approval for additional equity shares.