ALPHA TRIBE

Aimtron Electronics LimitedOthers, 24-04-2025: Statement of deviation(s) or variation(s) under Reg. 32

24-04-2025 | 12:16 am

Aimtron Electronics Limited has announced a board meeting to review the statement of deviation or variation in the utilization of funds raised through its IPO, amounting to ₹87.02 crore. For the half-year ended 31st March 2025, the company confirmed no deviations in fund utilization as per the prospectus. Key allocations included ₹15 crore for repaying borrowings and ₹28.19 crore for general corporate purposes. This consistent adherence to the funding plan may enhance investor confidence, signaling operational stability and effective capital management, which could positively influence sentiment towards the stock.

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