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

Transwarranty Finance Limited has announced a board meeting to review the utilization of proceeds raised through its preferential issue, confirming that there has been no deviation in the use of funds amounting to ₹7.34 crore, which were raised on July 31, 2024. The Audit Committee's review indicates compliance with the stated objectives for the funds. This update reflects a stable operational strategy and adherence to governance standards, which may provide investors with a positive outlook regarding the company's financial management and commitment to shareholder interests.