ALPHA TRIBE

Acceleratebs India LtdImportant, 10-11-2025: Company Update

10-11-2025 | 05:57 pm

AccelerateBS India confirmed no deviation in the use of funds raised from its July 2023 equity share issuance. The company raised a gross amount of approximately 1.70 Cr, with net proceeds of 1.43 Cr. These funds were allocated for long-term working capital (1.09 Cr) and general corporate purposes (0.34 Cr). The company reported that all funds were utilized as originally planned for the half-year ended September 30, 2025, a confirmation reviewed by its Audit Committee. This indicates robust financial discipline and transparency regarding shareholder funds.

No comments yet. Be the first to comment!

All announcements from Acceleratebs India Ltd