Ashapuri Gold Ornament Ltd — Updates, 26-05-2025: Company Update

Ashapuri Gold Ornament Limited has announced that the proceeds of Rs. 4874.73 lakh raised through its right issue have been fully utilized for their intended purposes—working capital requirements (Rs. 4107 lakh), general corporate purposes (Rs. 642.73 lakh), and public issue expenses (Rs. 125 lakh). There has been no deviation or variation in the use of these funds during the reported period. This demonstrates disciplined fund management, ensuring that shareholders’ capital was deployed as planned to support the company’s operational and strategic needs.