Info Edge (India) Limited — Others, 05-02-2025: Statement of deviation(s) or variation(s) under Reg. 32
05-02-2025 | 02:13 pm
05-02-2025 | 02:13 pm
Info Edge (India) Limited has submitted a statement confirming no deviations or variations in the utilization of funds raised through its Qualified Institutions Placement (QIP) during FY 2020-21 for the quarter ended December 31, 2024. This statement, reviewed by the Audit Committee and acknowledged by the Board in their recent meetings, reflects adherence to the originally planned objectives for the capital raised.
The absence of deviations underscores effective fund management, which may bolster investor confidence by suggesting a disciplined approach to capital allocation. Overall, this reinforces a positive outlook for the company’s financial governance and operational integrity.
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