Ameya Precision Engineers Limited — Results, 01-07-2025: Reply to Clarification- Financial results

Ameya Precision Engineers has announced a board meeting on July 8, 2025, to consider the financial results for the quarter and half-year. The company has fully utilized its IPO proceeds of Rs. 4.41 Cr (net of expenses) raised in September 2022. The funds were allocated as follows: Rs. 0.64 Cr for capital expenditure, Rs. 2.76 Cr for working capital, and Rs. 1.02 Cr for general corporate purposes. This full utilization aligns with the objects stated in the prospectus and has been confirmed by the statutory auditor. The Audit Committee reviewed and noted the proper use of IPO proceeds in its May 29, 2023 meeting.