ALPHA TRIBE

Committed Cargo Care LimitedOthers, 28-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

28-05-2025 | 02:19 pm

Committed Cargo Care has confirmed full utilization of its IPO proceeds totaling Rs. 24.95 Cr, allocated mainly to working capital (Rs. 15.96 Cr), general corporate purposes (Rs. 5.45 Cr), and issue expenses (Rs. 3.54 Cr). A minor adjustment transferred Rs. 0.13 Cr from issue expenses to working capital. The Audit Committee has verified that fund usage aligns completely with the intended purposes, reflecting disciplined capital management and transparency that supports operational needs and stakeholder confidence.

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