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

Bulkcorp International Limited has confirmed that there were no deviations or variations in the utilization of funds from its Initial Public Offering (IPO) during the half-year ended September 30, 2024, with the total amount raised being ₹1,833 crore. The company provided a detailed statement reaffirming that all funds are aligned with the original objectives outlined in the prospectus dated August 1, 2024. This transparency can positively influence investor sentiment, reflecting effective financial management and commitment to intended use of capital, thus presenting a stable outlook for the company.