ALPHA TRIBE

Ambuja Cements LimitedOthers, 29-04-2025: Statement of deviation(s) or variation(s) under Reg. 32

29-04-2025 | 02:49 pm

Ambuja Cements Limited has confirmed there are no deviations in the use of proceeds from its preferential issue of equity shares for the quarter. A review by the Audit Committee indicates that the total funds raised of ₹15,000.046 Crores have been utilized as planned, with ₹11,362.69 Crores accounted for, aligning with the original investment objectives. This transparency reinforces the company's dedication to effective fund management and focuses on strategic priorities like capital expenditures and ESG compliance, which is relevant for stakeholders evaluating the company's operational integrity and future growth potential.

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