Pattech Fitwell Tube Components Limited — Results, 03-07-2025: Reply to Clarification- Financial results

Pattech Fitwell Tube Components Limited has announced a board meeting on [date not included as per user preference].

The company clarified a query regarding the non-submission of the disclosure for utilization of issue proceeds. Pattech Fitwell confirmed that the issue proceeds from its IPO have been fully utilized as of September 30, 2023, in line with the purposes stated at the time of the public offering. The required disclosure for utilization of funds was submitted for the half-year ended September 30, 2023, and no further funds have been raised through public offerings since then.

No new financial figures or operational updates were provided in this communication. The company assures compliance with applicable disclosure norms regarding utilization of issue proceeds.

This update primarily addresses regulatory clarification and confirms no pending utilization of IPO funds.