Ishan International Limited — Others, 22-11-2024: Addendum

Ishan International Limited has announced a board meeting for an Extraordinary General Meeting (EGM) on November 28, 2024, via video conferencing. An addendum has been issued, proposing to carry forward unutilized IPO proceeds of ₹333.25 cr from the financial year ending March 31, 2024, to March 31, 2025. This adjustment aligns with the company's strategic goals, allowing for effective deployment of funds for growth. Investors may view this development as a positive outlook, as it ensures that resources are judiciously allocated to support future operational needs and shareholder interests.