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Global Pet Industries Limited has confirmed no deviation in the utilization of funds raised through its IPO of Rs. 1323 lakh and Preferential Allotment of Rs. 2180 lakh. IPO proceeds were mainly used for factory construction and general corporate purposes, with Rs. 174.37 lakh deployed under general purposes. Preferential Allotment funds focused on acquiring plant and machinery, setting up manufacturing and office facilities, and working capital, with Rs. 105 lakh utilized so far. This reflects disciplined capital management and adherence to planned resource allocation.