ALPHA TRIBE

Just Dial LimitedOthers, 10-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

10-01-2025 | 08:19 pm

Just Dial Limited confirmed that there is no deviation in the use of proceeds raised through its preferential issue, totaling ₹2,164.88 Crores. This follows a review by the Audit Committee, which noted no comments or concerns regarding the fund utilization. The funds were allocated for capital expenditures, working capital needs, acquisitions, and general corporate purposes. This clarity could foster positive investor sentiment by reaffirming the company's commitment to financial discipline and effective fund management, signaling stability in operations and governance.

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