ALPHA TRIBE

Aelea Commodities LtdUpdates, 29-05-2025: Company Update

29-05-2025 | 09:38 pm

AELEA Commodities Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company confirms there has been no deviation or variation in the utilization of funds raised through its IPO, with the entire amount of ₹51.0 Cr allocated and utilized as per the original objects: setting up a new manufacturing unit, purchasing plant and machinery at the existing unit, general corporate purposes, and issue-related expenses. This discipline in fund usage supports transparent capital management, benefiting shareholders by maintaining financial integrity.

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