Fervent Synergies Ltd — Updates, 24-07-2025: Company Update

Fervent Synergies reports on the utilization of funds from its preferential issue of convertible warrants. The company raised Rs. 6.25 crore, which was allocated for capital expenditure and working capital requirements. Fervent Synergies has confirmed that there is no deviation or variation in how these funds were used, meaning the entire amount was deployed for its stated objectives. This update, reviewed by the Audit Committee, provides transparency to investors on the proper application of the capital raised.