ALPHA TRIBE

Ratnaveer Precision Engineering LimitedOthers, 28-07-2025: Statement of deviation(s) or variation(s) under Reg. 32

28-07-2025 | 06:59 pm

Ratnaveer Precision Engineering has confirmed no deviation in the use of funds raised from preferential warrants for the quarter ended June 30, 2025. The company raised approximately 29 Cr, with 7.25 Cr received so far. These funds have been utilized as planned: 0.58 Cr for working capital and 6.67 Cr for general corporate purposes. The Audit Committee reviewed and confirmed no variation. This update assures investors funds are deployed as originally intended, highlighting financial transparency in the company's operations.

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