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

Priti International Limited has provided a Statement of Deviation regarding the utilization of funds raised through a preferential issue of Convertible Warrants, targeting working capital requirements and business expansion. The company raised ₹2,916.48 cr, of which ₹2,785.12 cr has been utilized for the intended purposes. There is no deviation in fund usage, and the Audit Committee and auditors reported no concerns. This transparency may positively influence investor sentiment, reinforcing confidence in the company's financial integrity and operational strategy.