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Rudra Ecovation has confirmed no deviation in the utilization of funds from its preferential allotment of convertible warrants for the quarter ended June 30, 2025. The company stated that proceeds are being used for the intended purposes as per the offer document. During this quarter, no exercise money was received from investors for warrant conversions. Out of the 2.0765 crore warrants originally issued at Rs. 48 each, 0.7647 crore warrants are still pending conversion. This update assures shareholders of transparent fund management regarding the preferential issue.