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All E Technologies LimitedOthers, 21-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

21-05-2025 | 05:35 pm

All e Technologies Ltd. has announced a board meeting on upcoming dates. The company reported a deviation in the use of IPO proceeds amounting to Rs. 4,377.60 lakh. While funds were initially allocated for business expansion, corporate purposes, and offer-related expenses, the company adjusted the plan to include potential acquisitions in related areas, aiming to keep resources flexible for inorganic growth. Shareholders approved this change. Utilization until September 2024 shows partial use of original allocations, with no funds spent yet on acquisitions.

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