PAKKA LIMITED — Others, 31-05-2025: Statement of deviation(s) or variation(s) under Reg. 32
31-05-2025 | 11:42 am
31-05-2025 | 11:42 am
Pakka Limited has confirmed that funds raised through its ₹244.80 Cr preferential issue have been utilized as planned, with ₹97.79 Cr invested in plant and machinery for the Jagriti Project and ₹24.80 Cr allocated to general corporate purposes. Investments in subsidiaries remain pending. Warrants worth ₹97.92 Cr are fully subscribed, with 25% paid upfront and the remainder due within 12 months. The Audit Committee has reviewed and approved the fund deployment, indicating disciplined management aligned with the company’s growth plans.
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