SMR Jewels has informed that the Company has commenced utilizing the funds raised through the IPO proceeds for the stated purpose of 'Construction of Jewellery Studio'. In connection with the utilization of these funds, the Company has duly performed the Bhumi Poojan ceremony at the designated land, marking the commencement of the construction activities for the Jewellery Studio. They shared some memorable moments from this auspicious occasion with valued investor community and the BSE Exchange as they take this significant step forward in the Company’s growth journey, with a continued focus on long-term value creation and shareholder wealth maximization.
The above information is a part of company’s filings submitted to BSE.