Bhandari Hosiery Exports Limited — Others, 14-11-2024: Utilisation of Funds

Bhandari Hosiery Exports Limited has confirmed that there was no deviation in the utilization of funds raised through its Right Issue, which totaled ₹47.96 crore. The funds have been allocated as planned for the repayment of term loans and strengthening working capital requirements, with all amounts utilized according to the original objectives stated in the Letter of Offer for the quarter ended September 30, 2024.