Inspire Films Limited — Others, 20-12-2024: Statement of deviation(s) or variation(s) under Reg. 32

INSPIRE FILMS LIMITED has confirmed that for the half-year ending September 30, 2024, there was no deviation or variation in the use of funds raised from its IPO. The total funds raised amounted to ₹21.23 crore, utilized according to the objects stated in the Prospectus. A minor variation was noted in projected versus actual issue-related expenses. Despite a technical error resulting in delayed financial result submissions, the company reported no significant impact on its financial health or governance. This transparency could foster a positive outlook among investors, reinforcing credibility.