North Eastern Carrying Corporation Limited — Others, 31-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

North Eastern Carrying Corporation Limited has provided a statement regarding the deviation in the utilization of funds raised through rights and preferential issues. A total of ₹0.48 crore was raised on December 9, 2024, with modifications noted in fund allocation, particularly for warehouse construction and general corporate purposes. Overall, funds have been fully utilized as planned. These updates indicate management’s adaptability in fund allocation based on operational needs, reinforcing a positive outlook as the company continues to pursue strategic goals. Investors should consider this update as reflecting the company's proactive approach to fund management, which may enhance investor confidence.