ALPHA TRIBE

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

14-11-2024 | 06:05 pm

PTC Industries Limited has submitted its statement confirming no deviations or variations in the utilization of funds raised through preferential issues and QIP for the quarter ended September 30, 2024. The company raised approximately ₹110.97 crore and ₹141.25 crore through the preferential issues on January 4, 2024, and February 15, 2024, respectively, as well as approximately ₹700 crore through QIP on September 3, 2024. This clarity on fund utilization supports PTC's stable financial management and operational commitments, potentially boosting investor confidence in its strategic alignment and financial health.

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