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Tata Consumer Products Limited has announced a board meeting to discuss the financial results for the quarter and half-year ended December 31, 2024. The company confirmed there is no deviation or variation in the use of funds raised from the recent rights issue amounting to ₹2,997.77 crore. All proceeds have been utilized as stated in the offer document, primarily for the repayment of commercial papers and general corporate purposes. Given this adherence to the outlined objectives, the outlook remains positive for shareholders, signaling effective management of funds and operational discipline.