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

Som Distilleries and Breweries Limited has announced a board meeting to review the Statement of Deviation or Variation of funds raised through the preferential issue of equity shares and convertible equity warrants, confirming there has been no deviation from the initial objectives. This clarification may enhance investor confidence, as it underscores the company's commitment to transparency and adherence to their stated goals. The lack of deviation suggests stability in fund allocation, which could be viewed positively by shareholders looking for consistent governance and operational integrity.