Shree Tirupati Balajee Agro Trading Company Limited — Others, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Shree Tirupati Balajee Agro Trading Company Limited has announced a board meeting to confirm that there was no deviation in the utilization of funds raised through its IPO amounting to ₹122.42 crore for the quarter ended September 30, 2024. The Audit Committee reviewed and endorsed the appropriate use of the funds as per the original objectives outlined in the prospectus. This clarity on fund utilization may enhance investor confidence, suggesting a positive outlook for the company as it upholds transparency and adheres to its stated financial plans.