Cello World Limited — Others, 14-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Cello World Limited has confirmed no deviations in the utilization of funds raised through its Qualified Institutional Placement, which totaled ₹738 crore. The company monitored fund allocation during the quarter ended December 31, 2024, ensuring that proceeds were used as outlined in the placement document. This reinforces financial discipline and transparency, positively reflecting on management practices. Investors may view this as a stable commitment to its strategic initiatives and financial health, positioning the company favorably in an evolving market landscape.