Kitex Garments Limited — Important, 31-10-2024: Updates

Kitex Garments Limited corrected a typographical error in its unaudited financial results for the quarter and half-year ending September 30, 2024. The inaccurate consolidated figures were replaced with the correct data, confirming no changes in the current period's financials. Additionally, concerns were noted regarding investments in Kitex USA LLC, which has incurred losses, and outstanding foreign currency receivables exceeding RBI limits. The company is pursuing necessary regulatory approvals for operations and possible acquisitions.