Koura Fine Diamond Jewelry Ltd — Updates, 24-05-2025: Company Update

Koura Fine Diamond Jewelry Limited has announced a board meeting to review the utilization of IPO proceeds amounting to ₹550 lakh. The funds were allocated toward working capital (₹450 lakh), general corporate purposes (₹49.60 lakh), and issue-related expenses (₹50.40 lakh). There have been no deviations or variations in the use of these funds from the original objectives. This indicates disciplined financial management and transparency in deploying IPO proceeds, which supports operational stability and investor confidence.