ALPHA TRIBE

Zinka Logistics Solutions LimitedOthers, 05-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

05-02-2025 | 07:48 pm

Zinka Logistics Solutions Limited has announced a board meeting regarding the statement of deviation or variation of funds raised through its IPO for the quarter ended December 31, 2024. The company confirmed that there was no deviation in the utilization of the ₹1,114.722 Crores raised as per the IPO prospectus. This update suggests a disciplined approach to fund management, which may enhance investor confidence. The clear adherence to intended uses of funds could signal a positive outlook for the company's governance and operational stability, reinforcing its strategic direction and commitment to shareholder interests.

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