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Kross Limited has announced no variation in the use of IPO proceeds for the recent quarter. The company raised INR 250 crore (net INR 236.92 crore) from the fresh issue, allocating funds towards capital expenditure (INR 70 crore), repayment of borrowings (INR 90 crore), working capital (INR 30 crore), and general corporate purposes (INR 46.92 crore). Utilization during the period stood at INR 162.49 crore, in line with the original plan, supporting business expansion and debt reduction efforts.