Allcargo Gati Limited — Others, 07-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Allcargo Gati Limited reported a Statement of Deviation in the utilization of funds raised through a preferential issue of equity shares for the quarter ended September 30, 2024. The total amount raised was INR 52.5 crore, primarily for debt repayment, working capital, and corporate purposes. For this quarter, no funds were utilized, resulting in a deviation of INR 11.48 crore. The company confirmed that the funds were used as originally intended.