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

My Mudra Fincorp Limited has announced a board meeting to discuss the financial results for the quarter and half-year ended September 30, 2024. The company confirms no deviations or variations in the utilization of proceeds from its IPO for this period. The funds raised amounting to ₹3,326.40 crore were primarily allocated to debt repayment, technology investment, working capital, and corporate purposes, with ₹1,932.36 crore remaining unutilized. This clarity on fund utilization could instill investor confidence, indicating disciplined financial management and potential for future growth.