Platinum Industries Limited — Others, 13-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Platinum Industries Limited has confirmed that there were no deviations in the use of proceeds from its Initial Public Offer (IPO) for the quarter ended December 31, 2024. The company raised ₹2,353.17 million, with net proceeds of ₹2,118.29 million. The Audit Committee reviewed the statement of utilization and found no comments or variations from the original allocation of funds. This reaffirms the company's commitment to transparency and could bolster investor confidence, leading to a positive outlook on its operational integrity and financial discipline.