Him Teknoforge Ltd — Updates, 24-05-2025: Company Update

Him Teknoforge Limited has reported a review of the use of proceeds from its preferential issue of equity shares and share warrants. The Audit Committee and Board have examined deviations or variations in fund utilization and submitted the details in a formal statement. This disclosure ensures transparency on how the company has managed the capital raised through preferential allotments, which is key for shareholders monitoring the efficient deployment of funds.