Lords Chloro Alkali Limited — Others, 13-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Lords Chloro Alkali Limited has confirmed that there is no deviation or variation in the utilization of funds raised through a preferential issue of 3.5 million warrants convertible into equity shares. The funds, amounting to ₹10.68 crore, were scrutinized by the Audit Committee, with their usage aligning with the original objectives. This assurance may enhance investor confidence, suggesting disciplined financial management and adherence to defined plans, thereby reinforcing a positive outlook for the company's operational integrity and governance.