PG Electroplast Limited — Others, 06-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

PG Electroplast Limited has announced a board meeting to discuss the Nil Statement of Deviation for the quarter ended December 31, 2024. The company utilized Rs. 484.65 Crores from the Rs. 1477.56 Crores raised through Qualified Institutions Placement, maintaining adherence to the original objectives. This strong governance and compliance indicate effective fund management, which may enhance investor confidence. The positive outlook is bolstered by the strategic allocation of funds towards working capital and expansion initiatives, suggesting continued operational growth and stability for shareholders.