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The Board of Directors of Kataria Industries Limited has approved a variation in the objects of the public issue. They will redirect ₹1.75 crore of unutilized IPO proceeds from the initially planned purchase of machinery for the PTS Division towards enhancing the manufacturing facilities of the Wire Division. This decision stems from unfavorable economic conditions impacting projected market demand for Rebar Couplers and Bridge Bearings. The Board has proposed seeking shareholder approval via a Special Resolution for this alteration. Additionally, National Securities Depository Limited has been appointed as the Remote E-Voting Agency for the upcoming Postal Ballot.