Company Update

Jhandewalas Foods Limited confirms that funds raised through its preferential issue, totaling ₹21.30 Cr for equity and ₹5.24 Cr for convertible warrants (25% consideration received), have been utilized strictly as per the original objectives.

There is no deviation or variation in the use of proceeds for the quarter ended June 30, 2025. This ensures transparency and adherence to the planned deployment of capital, maintaining confidence for shareholders and stakeholders in the company’s financial discipline.