ALPHA TRIBE

Som Distilleries & Breweries LimitedOthers, 15-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

15-05-2025 | 01:14 pm

Som Distilleries and Breweries Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company confirmed no deviation in the use of Rs 135.44 Cr raised through preferential issuance of equity warrants. Funds were utilized as planned across capital expenditure (Rs 30 Cr), working capital (Rs 19.62 Cr), operational expenditure (Rs 30 Cr), loan repayment (Rs 30 Cr), and general corporate purposes (Rs 25.81 Cr). Rs 6.19 Cr was forfeited due to non-payment by some allottees, ensuring transparency in fund deployment.

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