ALPHA TRIBE

Ratnaveer Precision Engineering LimitedOthers, 28-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

28-01-2025 | 09:06 pm

Ratnaveer Precision Engineering has confirmed that there has been no deviation in the utilization of funds raised through warrants amounting to approximately ₹29 Crore as of the quarter ended December 31, 2024. A report reviewed by the Audit Committee indicates that all proceeds have been used as originally planned. This stability in fund management may enhance investor confidence, presenting a positive outlook as the company remains aligned with its strategic objectives. With no reported variations, the company's financial health appears solid, potentially reducing risk for shareholders.

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