Kretto Syscon Ltd: No Deviation in Right Issue Fund Utilization

Kretto Syscon Ltd has submitted a statement confirming no deviation or variation in the utilization of funds raised through its Right Issue, as per SEBI regulations. The funds were raised on November 18, 2024, amounting to ₹47,03,94,342. The utilization report for the quarter ended March 31, 2025, reviewed by the Audit Committee, indicates that all allocated funds were used for their intended purposes, including incremental working capital, software acquisition, general corporate purposes, and estimated issue-related expenses. The company has confirmed adherence to the original objects and allocations.