Trom Industries Limited — Others, 30-05-2025: Statement of deviation(s) or variation(s) under Reg. 32
30-05-2025 | 09:31 pm
30-05-2025 | 09:31 pm
Trom Industries Limited confirms full alignment with its IPO fund utilization plan of ₹31.37 Cr. The company has deployed ₹16.53 Cr for working capital and ₹7.84 Cr for general corporate purposes, while ₹4.50 Cr is earmarked for future capital expenditure. Issue expenses of ₹2.50 Cr have been accounted for. This structured use of funds supports ongoing operations and financial stability. An auditor’s certificate validates the proper utilization, reinforcing transparency and shareholder confidence.
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