Lloyds Luxuries Limited — Others, 25-04-2025: Statement of deviation(s) or variation(s) under Reg. 32

Lloyds Luxuries Limited confirms there have been no deviations or variations in the utilization of funds raised through its Initial Public Offering, totaling ₹24 crore, for the half-year and financial year ended 31st March, 2025. Funds were allocated as initially planned across various purposes, including opening new stores, repaying borrowings, and working capital needs. The Audit Committee reviewed this statement, highlighting prudent management of funds. This clarity could foster a positive outlook among investors, signaling effective financial governance, while the absence of deviations alleviates potential concerns about mismanagement.