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

Sakuma Exports Limited has announced a board meeting to discuss the financial results for the quarter and half-year ending September 30, 2024. The company confirms that there has been no deviation in the utilization of funds raised through its recent Right Issue, amounting to ₹199.83 crore. All proceeds were fully utilized as per the intended objectives, with a monitoring report from ICRA Ltd affirming compliance. This effective fund management may foster investor confidence, showcasing the company’s financial discipline and commitment to operational goals, potentially resulting in a positive outlook for shareholder interest.