AVP Infracon Limited — Others, 29-04-2025: Statement of deviation(s) or variation(s) under Reg. 32

AVP Infracon Limited confirms there have been no deviations in the utilization of proceeds from its IPO, which raised ₹5234.40 Cr. Funds were allocated for capital expenditure, working capital requirements, general corporate purposes, and issue expenses, with all expenditures aligning with the initial plans. The Audit Committee reviewed this statement, and it was acknowledged by the Board, enhancing transparency for shareholders about the effective management of IPO proceeds.