GRM Overseas Limited — Others, 13-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

GRM Overseas Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company confirmed that Rs. 34.01 Cr raised through a preferential issue of convertible warrants has been fully utilized as planned for working capital, inorganic growth, plant and machinery investments, and general corporate purposes. The Audit Committee found no irregularities, and CARE Ratings Limited has monitored compliance in fund usage, assuring shareholders of disciplined financial management.