Rushil Decor Limited — Others, 28-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

Rushil Decor Limited has announced a board meeting to confirm that there is no deviation in the use of proceeds from its recent preferential issue. The company has raised ₹60.93 crores, utilizing ₹60.91 crores as outlined in the Private Placement Offer Letter. The Audit Committee has reviewed and confirmed the proper allocation of funds without any variations. This consistent management of funds may bolster investor confidence by signaling effective governance and financial integrity, reflecting a positive outlook for the company's operations and growth strategy.