ALPHA TRIBE

RDB Rasayans LtdUpdates, 26-05-2025: Company Update

26-05-2025 | 04:46 pm

RDB Rasayans Ltd has reported no deviations or variations in the utilization of funds raised through its public issue in 2011. The company has been using the funds as intended, primarily for enhancing manufacturing capacity by 745 MTPA through Unit-II, meeting general corporate expenses, and covering issue-related costs. The audit committee and auditors have not noted any discrepancies in the quarter ending March 2025. This indicates disciplined fund management, which supports the company’s operational growth plans without altering original objectives.

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