Manoj Vaibhav Gems N Jewellers Limited — Others, 06-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Manoj Vaibhav Gems ‘N’ Jewellers Limited has announced a board meeting to discuss the financial results for the quarter and half-year ended December 31, 2024. The company noted that there were no deviations in the utilization of funds raised from its Initial Public Offering (IPO) of Rs. 210 crore, confirming that the funds were used as planned without any variations related to the specified purposes. This solid adherence to the IPO strategy may signal to investors a positive outlook regarding the company's financial governance and operational efficiency, potentially fostering investor confidence in future growth.