ALPHA TRIBE

Committed Cargo Care LimitedOthers, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

14-11-2024 | 01:14 pm

Committed Cargo Care Limited has confirmed in its statement of deviation for the half-year ended September 30, 2024, that there has been no deviation in the utilization of proceeds from its IPO of ₹24.95 crore. The Audit Committee has validated that the funds have been utilized as specified in the prospectus. The remaining unutilized funds will be carried over for future use. This clarity may bolster investor confidence and reflects disciplined financial practices, supporting a positive outlook for the company’s operational integrity and governance.

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