Creative Graphics Solutions India Limited — Board Meeting, 08-11-2024: Outcome of Board Meeting

Creative Graphics Solutions India Limited reported on the utilization of funds from its IPO. Out of the total ₹5,440 lakhs raised, ₹2,908.78 lakhs has been utilized, leaving ₹2,531.22 lakhs unutilized. Key allocations included ₹500 lakhs for working capital, ₹1,079.86 lakhs for loan repayment, and ₹849.27 lakhs for general corporate expenses. Notably, no funds were used for capital expenditures or acquisitions. The report was verified and approved by the company's Board and Audit Committee.