ALPHA TRIBE

Shree OSFM E-Mobility LimitedOthers, 12-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

12-11-2024 | 03:26 pm

Shree OSFM E-Mobility Limited has provided its half-yearly compliance statement regarding the utilization of funds raised through public issues. For the period ending September 30, 2024, the company raised ₹24.59 crore via its initial public offering and ₹15.33 crore through preferential issues. There were no deviations in the use of these funds as per the submitted statements, indicating adherence to the specified objectives, including working capital and corporate purposes. This consistent management of funds may foster a positive outlook among investors, reinforcing confidence in the company’s operational integrity and financial strategy.

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