ALPHA TRIBE

Vasa Denticity LimitedOthers, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

14-11-2024 | 07:40 pm

Vasa Denticity Limited has confirmed that there has been no deviation in the utilization of funds raised from its recent public issue, which totaled ₹540.67 crore. The funds, raised through a fresh issue of ₹406.27 crore and an offer for sale of ₹134.4 crore, are being used as intended for meeting working capital, enhancing brand visibility, and general corporate purposes. This transparency could bolster investor confidence, highlighting the company's adherence to its financial commitments and likely contributing to a positive outlook on its operational integrity.

No comments yet. Be the first to comment!

All announcements from Vasa Denticity Limited