- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
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Veritaas Advertising Limited has announced a board meeting to review the utilization of IPO proceeds. The company has utilized Rs. 484.40 lakhs out of Rs. 723.00 lakhs raised, primarily for capital expenditure on police booths and traffic signal point displays across key cities. The unutilized funds remain in fixed deposits, with no deviation from intended use. This confirms that IPO funds are being effectively deployed to support the company’s operational growth in multiple regions.