ALPHA TRIBE

Mittal Life Style LimitedOthers, 23-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

23-01-2025 | 12:36 pm

Mittal Life Style Limited has submitted a statement confirming there were no deviations in the use of funds raised through its rights issue of ₹29.59 crore during the quarter ended December 31, 2024. The company allocated ₹10.11 crore for working capital and ₹4.32 crore for general corporate purposes, all within the previous guidelines. This adherence underscores effective capital management, which may enhance investor confidence and support a positive outlook on the company’s financial health. Overall, maintaining transparency fosters trust among stakeholders and reflects solid governance practices.

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