Ahmedabad Steelcraft confirmed the consistent use of funds raised through preferential warrants.

For the quarter ended June 30, 2025, the company utilized Rs. 22.77 crore of the total Rs. 79.20 crore raised, with Rs. 56.43 crore previously deployed.

These funds are designated for expansion, working capital, and general corporate purposes.

The company reported no deviation or variation from the stated objectives, assuring investors that capital deployment aligns with original plans.