PB Fintech Limited — Others, 30-01-2025: Statement of deviation(s) or variation(s) under Reg. 32
30-01-2025 | 08:34 pm
30-01-2025 | 08:34 pm
PB Fintech has confirmed there was no deviation in the utilization of funds raised through its IPO during the quarter ended December 31, 2024. The company raised a total of ₹57,097.15 million, allocating funds primarily for enhancing brand visibility and expanding growth initiatives. All funds were used according to the original objectives outlined in the prospectus, with the audit committee noting no comments regarding the fund usage. This consistency in fund utilization could enhance investor confidence and suggest a stable operational strategy moving forward, contributing to a positive outlook for the company.
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