Kriti Industries (India) Limited — Others, 11-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Kriti Industries (India) Limited has submitted a NIL Statement of Deviation for the quarter ended September 30, 2024, confirming that there has been no deviation in fund utilization from the original objectives outlined during its preferential issue, where Rs. 37.491 crore was raised. The funds are being effectively utilized as planned, ensuring financial stability and operational continuity. This disclosure could bolster investor confidence, projecting a positive outlook as the company maintains adherence to its strategic funding objectives without necessitating any alterations to its operational strategy.