Maxposure Limited — Others, 28-05-2025: Statement of deviation(s) or variation(s) under Reg. 32
28-05-2025 | 06:20 pm
28-05-2025 | 06:20 pm
Maxposure Limited has announced a strategic reallocation of its IPO proceeds, adding a new focus on a ₹5.07 Cr investment for strategic acquisition in the aviation sector. This shift, approved by shareholders and the Audit Committee, aims to accelerate growth by expanding market reach, diversifying services, and leveraging the acquired company's customer base and expertise. The reallocation modifies the original plan of using funds for certifications, working capital, debt repayment, and corporate purposes, aligning with Maxposure’s long-term value creation strategy.
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