Vrundavan Plantation Audit Committee Reviews Auditor Exit

Vrundavan Plantation's Audit Committee confirms no concerns raised by resigning auditor M/s. Doshi Doshi & Co., validates compliance and information availability during tenure.

Vrundavan Plantation Reports No Deviation in Rs 3.28 Crore Warrant Conversion Proceeds Usage

Vrundavan Plantation Limited confirmed no deviation or variation in the use of proceeds from the allotment of 8,56,872 equity shares pursuant to conversion of warrants issued on preferential basis on February 17, 2025. The company raised Rs 3,27,75,354 from warrant conversion, representing 75% of the warrant issue price. The funds were allocated for long-term working capital and general corporate purposes. The Audit Committee reviewed and approved the statement confirming proper utilization of proceeds for the half year ended September 30, 2025. The original allocation was Rs 437 lakhs, with Rs 327.75 lakhs in funds utilized without any deviation from the stated objectives.