Ahmedabad Steelcraft Ltd — Updates, 30-05-2025: Company Update

Ahmedabad Steelcraft Ltd. has announced a board meeting to review the financial results for the quarter and half-year. The company confirms no deviation or variation in the utilization of Rs. 56.43 Cr raised through a preferential issue of warrants, fully deploying the funds toward current and future expansion plans, working capital, and general corporate purposes. This clarity on fund usage reassures shareholders about the company’s disciplined capital deployment aligned with its growth strategy.