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HRH Next Services Limited has confirmed that there is no deviation or variation in the utilization of funds raised through its Initial Public Offer (IPO) and preferential issue of equity shares. The amounts raised were ₹9.56 crore from the IPO and ₹15.99 crore from the preferential issue, both of which are being utilized as initially outlined. The Audit Committee has reviewed and approved this statement, indicating solid adherence to original plans. This clarity may foster positive investor sentiment by underscoring the company’s commitment to efficient capital use and operational transparency.