Chemkart India Ltd — Important, 10-11-2025: Company Update

Chemkart India Limited has confirmed that the funds raised from its Initial Public Offer (IPO), totaling Rs. 64.48 Cr, have been utilized as per the original objectives outlined in the prospectus. The company reported no deviations or variations in the use of these proceeds during the half-year period. This assures investors that the IPO funds are deployed as planned for capital expenditure, debt repayment, and general corporate purposes, reinforcing financial transparency and investor confidence. The Audit Committee reviewed and the Board approved this statement.