Pursuant to Regulation 32(1) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 please find enclosed herewith the statement of deviation or variation, in respect of utilisation of the proceeds of the Company as on period ended on 31st March, 2025 for Right issue and the same statement has been reviewed by the Audit Committee and taken on record by the Board at their respective meeting held on 27th May, 2025.