Company Update

Progex Ventures has confirmed that it did not raise any funds through common capital-raising methods such as public, rights, preferential issues, or Qualified Institutional Placements (QIPs) during the recent quarter and year.

Consequently, the company is not required to submit a statement detailing any deviation or variation in fund utilization.

This update provides clarity to investors that no new capital was sought from the market through these routes, simplifying compliance requirements for the company.