Shree Tirupati Balajee FIBC Ltd. has announced a revision in the use of funds for its upcoming rights issue.

The amount initially planned for "Growth Prospective & Strategic Initiative" will now be redirected to repay unsecured loans.

This adjustment will be reflected in the final offer document after receiving necessary approvals.

This move aims to strengthen the company’s balance sheet by reducing debt, potentially improving financial stability and shareholder value.