ALPHA TRIBE

ALUWIND INFRA-TECH LIMITEDOthers, 19-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

19-11-2024 | 08:34 pm

Aluwind Architectural Limited has submitted a revised Statement of Deviation(s) or Variation(s) regarding fund utilization for the quarter ended 30 September 2024, correcting a typographical error in the previously filed document. The total amount raised through the IPO is ₹29.70 crore, with an amount utilized of ₹29.64 crore, leaving an unutilized balance of ₹5.67 lakh. This revision ensures the accuracy of financial disclosures, which is critical for maintaining investor trust and compliance. Investors might view this update positively, as it demonstrates the company’s commitment to transparency while ensuring effective management of raised funds.

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