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

GP Eco Solutions India Limited has announced a board meeting to review the utilization of proceeds from its IPO for the quarter ended September 30, 2024. The company confirmed there was no deviation from the stated objectives in the IPO prospectus, as the total amount raised was ₹2710.91 crore, with ₹1417.99 crore utilized and ₹1292.92 crore remaining. The audit committee reviewed the report, which is available on the company’s website. This transparency reinforces investor trust and suggests a positive outlook on financial discipline and adherence to planned uses of funds.