Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation/Variation in utilisation of the funds raised through the Rights Issue of 9,52,931 Partly Paid-up Equity Shares of the Company ('Rights Issue') for the quarter ended September 30, 2026, duly reviewed by the Audit Committee at its meeting held on November 05, 2026, as Annexure A.\r\n\r\nWe hereby confirm that there is no deviation or variation in the utilisation of the proceeds of the Rights Issue from the objects stated in the Letter of Offer dated August 13, 2026.\r\n\r\nThe Rights Issue comprises 9,52,931 Partly Paid-up Equity Shares allotted on September 17, 2026, aggregating to ?714.70 Lakhs. On application, the Company has received ?40 per share (?7.50 towards face value and ?32.50 towards securities premium), aggregating to ?381.17 Lakhs. \r\n