Avi Ansh Textile Limited — Others, 11-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Aviansh Textile Limited has announced a board meeting to review the Statement of Deviation/Variation in the utilization of funds raised from its Initial Public Offering (IPO), amounting to ₹25.99 crore. For the half-year ended September 30, 2024, there were no deviations in the use of these funds, which include allocations for term loan repayment, working capital, and general corporate purposes. The absence of deviations suggests effective management of financial resources. This stability could foster a positive outlook among investors, signaling robust governance and operational integrity.