Brace Port Logistics Limited — Others, 14-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Brace Port Logistics Limited has announced that funds raised through its public issue of Rs. 24.41 Cr have been used as planned, with Rs. 10.69 Cr allocated to working capital and Rs. 3.72 Cr for issue expenses so far. No amount has been utilized for general corporate purposes yet. This steady use of funds aligns with the company’s operational and strategic needs, reflecting disciplined financial management and maintaining shareholder confidence.