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An announcement from Som Distilleries & Breweries Ltd. ( (IN:SDBL) ) is now available.
Som Distilleries & Breweries Ltd. announced that there has been no deviation or variation in the utilization of funds raised through the issuance of equity shares and convertible equity warrants on a preferential basis. The company confirmed that the funds were used according to the objectives outlined in their Extraordinary General Meeting notice. This assurance, reviewed by the Audit Committee, reflects the company’s adherence to its financial commitments and strengthens its credibility with investors.
More about Som Distilleries & Breweries Ltd.
Som Distilleries & Breweries Ltd. operates in the beverage industry, focusing on the production and distribution of alcoholic beverages. The company is known for its diverse range of beer and spirits products and has a significant market presence in India.
YTD Price Performance: -5.32%
Average Trading Volume: 80,662
Current Market Cap: 20.22B INR
For an in-depth examination of SDBL stock, go to TipRanks’ Stock Analysis page.