Kshitij Investments Ltd — Updates, 29-05-2025: Company Update

Manglam Global Corporations Limited has announced that there is no deviation or variation in the utilization of funds raised through its preferential issue of Rs. 2.52 crore. The entire amount has been used as planned—Rs. 1.64 crore for working capital and Rs. 88 lakh for general corporate purposes. The audit committee and auditors have reviewed and approved the utilization, confirming that funds were deployed strictly according to the original objectives. This demonstrates disciplined fund management, which is positive for operational stability and shareholder confidence.