Hindustan Construction Company Limited — Others, 29-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

Hindustan Construction Company Ltd. reported on the use of funds raised from its Rights Issue totaling Rs. 350 Crore. For the quarter ended September 30, 2024, there were no deviations in fund utilization compared to the originally stated objectives. The Audit Committee reviewed the statement and found no comments. The company utilized Rs. 254 Crore for long-term working capital, Rs. 16.72 Crore for outstanding dues, and Rs. 63.61 Crore for general corporate purposes.