Dynamic Cables Limited — Results, 28-01-2025: Integrated Filing- Financial

Dynamic Cables Limited has provided its financial results for the quarter and nine months ended December 31, 2024, reporting a total amount raised of ₹96.588 crore through a public issue on June 21, 2024. The company confirms that there has been no deviation in the utilization of funds. The funds were primarily allocated for working capital requirements and business expansion. The Audit Committee affirmed that the usage aligns with the stated objectives, and unutilized funds have been temporarily invested in a liquid fund.

This stability in fund utilization should enhance investor confidence, portraying a positive outlook for the company’s financial management and operational strategy going forward.