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Suven Life Sciences LimitedOthers, 29-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

29-10-2024 · 03:59 pm

Suven Life Sciences Limited reported that for the quarter ended September 30, 2024, there were no deviations or variations in the use of funds raised through their Rights Issue. A total of ₹399.80 crores was raised, of which funds allocated for pharmaceutical research and repayment of inter-corporate deposits were fully utilized. However, ₹60.42 crores remain unutilized for general corporate purposes. The monitoring agency for these funds is CRISIL Ratings Limited.

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