Himadri Speciality Chemical Limited — Others, 13-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

Himadri Speciality Chemical Ltd confirmed there are no deviations in the use of proceeds from the allotment of 25,000 equity shares exercised from warrants on a preferential basis. The total amount raised is ₹0.59 crore from this transaction, aligning with the initial objectives stated in the postal ballot notice. This compliance reaffirms the company's financial discipline and aligns with its strategic goals for capital expenditure and general corporate purposes. Investors may view this as a positive outlook, reflecting management's commitment to transparency and proper fund utilization, which could enhance shareholder confidence.