Sunrise Efficient Marketing Ltd — Updates, 23-05-2025: Company Update

Sunrise Efficient Marketing Limited has announced a statement confirming that there has been no deviation or variation in the utilization of IPO proceeds compared to the objects and category-wise projections stated in the prospectus for the half year ended March 2025. The company’s issue size is below ₹100 crore, so it has not appointed any monitoring agency for the utilization of net proceeds. This assures investors that funds raised through the IPO have been used as intended, reflecting sound capital management.