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Chemkart India Limited has updated investors on its IPO fund utilization and compliance status. The company reported no deviation in how it used the Rs. 64.48 Cr raised from its public issue. Funds were deployed for manufacturing capital expenditure, debt repayment, and general corporate purposes as planned. Additionally, as a BSE SME listed entity, the company is exempt from disclosing Related Party Transactions. It also confirmed no audit qualifications and no outstanding defaults on loans and debt securities. This ensures transparency on fund usage and highlights key compliance details for shareholders.