ALPHA TRIBE

DC Infotech and Communication LimitedOthers, 07-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

07-08-2025 | 06:43 pm

DC Infotech & Communication has confirmed the proper utilization of proceeds from its preferential issue of warrants for the quarter ended June 30, 2025. The company stated there was no deviation or variation in how these funds were used. A total of Rs 7.371 crore was raised from the conversion of 18.5 lakh warrants into equity shares, all of which were allocated to meet working capital requirements. This transparency reassures shareholders about the company's financial discipline.

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