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

Krishival Foods Limited has provided a statement detailing the utilization of funds raised from a preferential issue for the half-year period ending September 30, 2024. The report indicates that there has been no deviation in the use of funds, with no amounts raised from this source. The balance unutilized at the end of the period stands at ₹0.50 crore. This could suggest a conservative approach to financial management, which may positively influence investor sentiment by indicating prudent fund allocation and stability. Investors might view this as a potential risk of limited capital deployment but may appreciate the disciplined monitoring over fund usage.