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

Delaplex Limited has submitted a revised statement confirming that there were no deviations or variations in the utilization of funds from its IPO during the half-year period ending September 30, 2024. The total amount raised through the IPO was ₹46.08 crore, with all proceeds allocated as stated in the prospectus. The Audit Committee reviewed and confirmed this lack of deviation, including in areas such as advertising and working capital. This transparency may foster a positive outlook among investors, affirming that the company remains aligned with its initial strategic objectives while effectively managing its raised funds.