ALPHA TRIBE

Goyal Associates LtdUpdates, 14-08-2025: Company Update

14-08-2025 | 05:18 pm

Goyal Associates Limited has confirmed no deviation in the use of funds raised from its ₹1.50 Cr preferential issue of convertible warrants. For the quarter ended June 30, 2025, the company utilized approximately ₹0.06 Cr towards working capital and ₹0.05 Cr for fund-raising expenses. This update provides transparency, assuring investors that the capital raised is being deployed as initially planned and reflecting the company's financial discipline in allocating shareholder funds.

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