Paragon Fine and Speciality Chemical Limited — Others, 15-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Paragon Fine and Speciality Chemical Limited has provided a statement regarding the use of funds raised through its recent public issue, totaling ₹51.66 crore. As of September 30, 2024, there have been no deviations in the utilization of these funds, which are earmarked for purposes including capital expenditure for civil construction, repayment of borrowings, and working capital needs. This transparency should enhance investor confidence, presenting a positive outlook as the company demonstrates adherence to its financial strategy and commitment to shareholder interests.