TBI Corn Limited — Others, 30-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

TBI Corn Limited reports that during the first half of 2024, there were no deviations or variations in the utilization of proceeds from its IPO of ₹44.93 crores. The funds were allocated for expansion, working capital, general corporate purposes, and IPO-related expenses, with ₹27.49 crores utilized so far. Pending utilization amounts to ₹9.27 crores for expansion and ₹7.99 crores for general corporate purposes. All fund usages align with the original objectives outlined in the prospectus.