Abha Power and Steel has announced a board meeting to approve the financial results for the quarter and half-year.

Abha Power and Steel LimitedABHAPOWER · Filed with the exchange

The company confirmed Rs 6.13 Cr was spent on modernizing manufacturing, Rs 3 Cr on working capital, and Rs 2.94 Cr on corporate purposes from IPO proceeds, with the balance earmarked for future use.

Audited results show a solid financial position and effective internal controls.

No changes in management or new strategic moves were reported.

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