ALPHA TRIBE

W S Industries (I) LimitedOthers, 13-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

13-11-2024 | 03:07 pm

W.S. Industries (India) Limited has provided an update regarding the utilization of funds raised through a preferential issue totaling Rs. 708.88 million. As of September 30, 2024, there has been no deviation or variation in the use of these funds, which were allocated for business activities, acquisitions, and general corporate purposes. The report outlines that Rs. 228.58 million has been utilized for these objectives, reflecting effective fund management. This clarity on fund usage may bolster investor confidence, indicating a disciplined approach to capital deployment and a positive outlook for operational growth.

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