Velox Shipping and Logistics Ltd — Updates, 07-05-2025: Company Update

Velox Shipping and Logistics Limited confirms no deviation or variation in the use of funds raised through a preferential allotment of ₹7.63 Cr. These funds remain unutilized as of the latest quarter. This indicates the company is adhering to its planned use of proceeds, maintaining transparency and discipline in capital deployment, which is positive for shareholders monitoring fund utilization.