Sah Polymers Limited — Important, 25-10-2024: Updates

Sah Polymers Limited has submitted a statement regarding the utilization of funds from their IPO, confirming full utilization as of September 30, 2024. The audit committee reviewed the report, noting a transfer of unutilized funds to fulfill working capital requirements, approved by shareholders. The adjustments involved reallocating funds initially designated for setting up new manufacturing facilities and issue-related expenses. There were no comments from the auditors or the audit committee.