Dilip Buildcon Limited — Others, 08-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Dilip Buildcon has announced a statement confirming no deviation in the use of funds raised through the preferential issue of convertible warrants totaling Rs. 532.42 Cr. The funds were mainly used for working capital and general corporate purposes, with only Rs. 0.42 Cr remaining unutilized. Slightly lower investor subscription led to a marginally reduced issue size. The monitoring agency CRISIL Ratings Limited found no issues, and the auditors had no comments, highlighting disciplined fund management in line with the planned objectives.