Sylvan Plyboard (India) Limited — Others, 13-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Sylvan Plyboard India Ltd has provided a statement confirming that there were no deviations or variations in the utilization of funds raised from their recent public issue amounting to ₹28.05 crore during the half-year ended September 30, 2024. The disclosure was reviewed by the Audit Committee and is aimed at maintaining transparency with shareholders. This clarity on fund utilization may enhance investor confidence, promoting a positive outlook as the company continues to adhere to its strategic objectives without financial misalignment. Investors can view the full statement on the company’s website.