DMR Hydroengineering & Infrastructures Ltd — Updates, 25-04-2025: Company Update

DMR Hydroengineering & Infrastructures Limited has announced a board meeting to review the nil statement of deviation in the use of proceeds from its recently completed Rights Issue, which raised ₹2.65 crore. The Audit Committee confirmed that there were no deviations in fund utilization as of March 31, 2025. The funds were primarily allocated for working capital requirements and general corporate purposes, with no discrepancies reported. This clarity could foster a positive outlook among investors, reinforcing confidence in the company's financial governance and operational integrity.