Growington Ventures India Ltd — Updates, 25-07-2025: Company Update

Growington Ventures India Ltd. has confirmed that the proceeds from its recent Rights Issue, totaling Rs. 48.17 crore, are being utilized as planned. The company stated there is no deviation from the original stated objectives for the funds. As of the end of the last quarter, Rs. 8.66 crore has been utilized. This includes allocations for augmenting working capital, general corporate purposes, and covering issue-related expenses. This update reassures investors that the capital raised is being deployed according to the disclosed plan, supporting the company's operational and strategic financial goals.