Shree OSFM E-Mobility Limited — Others, 05-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Shree OSFM E-Mobility Limited has filed a statement confirming no deviations in the utilization of funds raised through its IPO of ₹24.59 crore and preferential issue of ₹15.33 crore for the quarter ended December 31, 2024. The company reported consistent funding allocations for additional working capital and passenger vehicle purchases, with specific amounts utilized reflecting the original objectives. This transparency may enhance investor confidence, signaling effective management of funds and a commitment to strategic goals. Overall, a positive outlook for operational integrity is suggested, potentially appealing to current and prospective investors.