ALPHA TRIBE

Srivari Spices And Foods LimitedOthers, 30-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

30-05-2025 | 07:50 pm

Srivari Spices and Foods Limited has announced a board meeting to review the utilization of INR 24.99 Cr raised through its Rights Issue. The company confirmed that the funds are being used as planned for setting up a new edible oil manufacturing and storage plant, repaying unsecured loans, meeting working capital needs, and general corporate purposes. The Audit Committee has reviewed and affirmed compliance, highlighting disciplined fund management and transparency for shareholders.

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