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

Kataria Industries Limited has disclosed the utilization of proceeds from its Initial Public Offering (IPO) for the half year ended September 30, 2024. Out of the total ₹54.57 crore raised, funds were allocated as follows: ₹1.75 crore for capital expenditure (unused), ₹46 crore for debt repayment (fully utilized), ₹5.05 crore for general corporate purposes (fully utilized), and ₹1.77 crore for issue-related expenses (fully utilized). The company reported no deviations from the intended uses, indicating effective fund management. This maintains a positive outlook for investors, suggesting disciplined financial practices and commitment to shareholder interests.