ALPHA TRIBE

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

12-11-2024 | 09:19 pm

Yatra Online Limited has confirmed that there were no deviations in the utilization of IPO proceeds during the quarter ended September 30, 2024. The amount raised through the IPO was INR 6,020 million from the fresh issue and INR 1,730 million from the offer for sale, totaling INR 7,750 million. The audit committee has reviewed the funds' allocation, ensuring compliance with the stated objectives in the prospectus. Given that all funds are allocated as planned, this clarity may enhance investor confidence, positioning the company favorably for future growth opportunities.

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