R K Swamy Limited — Others, 21-05-2025: Statement of deviation(s) or variation(s) under Reg. 32
21-05-2025 | 06:39 pm
21-05-2025 | 06:39 pm
R K SWAMY Limited confirms no deviation in the use of IPO proceeds totaling Rs. 423.56 Cr, aligning with original plans. Working capital funding (Rs. 54 Cr) and general corporate purposes (Rs. 36.26 Cr) are fully utilized. Partial spending occurred on IT infrastructure (Rs. 4.24 Cr) and establishing new CEC and CATI facilities (Rs. 5.75 Cr), while capital expenditure for the DVCP Studio remained unused this quarter. The Audit Committee and Board have reviewed and approved these utilizations, ensuring alignment with shareholders’ interests.
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