Dugar Housing Developments Limited reports no deviation in the use of funds raised from its recent preferential issue.

The company secured 8.85 Cr, earmarked for meeting growth objectives and bolstering its financial position.

This update, reviewed by the Audit Committee, confirms that the capital is being managed precisely as originally planned and disclosed in the Private Placement Offer.

For investors, this signifies robust adherence to funding commitments and transparent financial practices, ensuring that the raised capital aligns with the company's strategic goals.