Graphisads Limited — Others, 15-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

BAS & CO LLP has announced a board meeting to review the statement of deviations related to the use of funds from its IPO for the half-year ended September 30, 2024. Notably, the company confirms that there are no deviations or variations in the utilization of proceeds, utilizing ₹53.39 crore as planned from the ₹53.41 crore raised. This clarity on fund usage may enhance investor confidence regarding financial integrity and adherence to strategic objectives, contributing to a positive outlook for shareholder sentiment.