ALPHA TRIBE

Inventure Growth & Securities LimitedOthers, 06-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

06-02-2025 | 06:04 pm

Inventure Growth & Securities Limited confirms there has been no deviation in the use of proceeds from its Rights Issue, which raised ₹48.93 crore. The funds have been allocated as originally stated in the Letter of Offer dated June 25, 2024, with ₹48.03 crore net of expenses specifically directed towards expansion projects, working capital, and technology investments. This consistent utilization may bolster investor confidence as it indicates sound financial governance and adherence to strategic objectives, potentially paving the way for growth in trading and margin facilities. However, investors should remain aware of the market conditions that may impact these sectors.

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