ALPHA TRIBE

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

12-11-2024 | 06:54 pm

EPACK Durable Limited has confirmed that for the quarter ended September 30, 2024, there was no deviation in the utilization of proceeds from its IPO, which raised ₹378.46 crore. Funds were allocated for various purposes, including capital expenditure and loan repayments, with all amounts utilized as originally specified. The Audit Committee's review affirmed these findings, indicating solid oversight and adherence to plans. This consistency reinforces investor confidence, presenting a stable outlook and reduced risk for shareholders.

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