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Positron Energy LimitedOthers, 12-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

12-11-2024 | 11:08 pm

Positron Energy Limited has provided an independent certification regarding the utilization of funds raised from a public issue amounting to ₹5.12 crore. As of the quarter ending September 30, 2024, the company has utilized ₹3.57 crore, leaving a balance of ₹1.59 crore for future allocation. The report assures that there are no deviations from the intended use of proceeds as outlined in the prospectus. This update underscores the management’s focus on operational efficiency and financial discipline, which may foster a positive outlook among investors while indicating that remaining funds will be allocated in the upcoming quarter.

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