Kabra Extrusion Technik Limited — Others, 01-08-2025: Statement of deviation(s) or variation(s) under Reg. 32
01-08-2025 | 04:50 pm
01-08-2025 | 04:50 pm
Kabra Extrusiontechnik has confirmed that the approximately Rs 101.02 Cr raised through its various preferential issues are being utilized precisely as intended. For the period ending June 30, 2025, the company reported no deviations in the use of these proceeds, with about Rs 100.90 Cr already deployed. These funds were allocated for crucial purposes such as funding research and development activities and covering operating expenditures. This update provides clarity on capital allocation, reassuring investors that the company is adhering to its original objectives for these significant funds.
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