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Tata Consumer Products Limited confirmed there is no deviation in the use of proceeds from its recent Rights Issue, amounting to ₹2,997.77 crores. The funds will be allocated towards repaying commercial papers and general corporate purposes, as originally outlined in the offer. A monitoring report from CARE Ratings verified compliance, with updates on fund utilization as of September 30, 2024, affirming adherence to stipulated objectives. All process developments were reviewed by the Audit Committee.