Supreme Power Equipment Limited — Others, 25-10-2024: Statement of deviation(s) or variation(s) under Reg. 32
25-10-2024 · 06:48 pm
Supreme Power Equipment Limited reported that, for the half-year ended September 30, 2024, there were no deviations or variations in the utilization of proceeds from its Initial Public Offering (IPO). A certification confirming this was provided by the statutory auditors and reviewed by the Audit Committee. The total IPO proceeds of ₹4,667 lakhs were fully utilized as planned, covering capital expenditure, working capital requirements, general corporate purposes, and issue expenses.
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