Som Distilleries & Breweries Limited — Others, 13-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Som Distilleries and Breweries Limited has confirmed that there is no deviation in the utilization of funds raised through its preferential issue of equity shares and convertible equity warrants as of December 31, 2024. The Audit Committee has reviewed the use of proceeds, ensuring they align with the objectives stated in the prior shareholder approvals. The total amount raised was ₹70.406 crore, with funds effectively allocated for capital expenditure, working capital, and operational needs. Investors may view this as a positive outlook, reflecting strong governance and adherence to strategic financial plans.