Rajgor Castor Derivatives Limited — Others, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Rajgor Castor Derivatives Limited has announced a board meeting to review the Statement of deviation(s) or variation(s) in the use of IPO proceeds for the half-year ending September 2024. The total amount raised was ₹444.75 crore, with no deviations noted in the fund utilization, which includes ₹299.17 crore for working capital and specified amounts for public offer expenses. The Audit Committee confirmed no discrepancies in the allocation of funds. This clarity on fund usage should bolster investor confidence, reflecting a positive outlook on the company's financial management and operational stability.