W S Industries (I) Limited — Others, 12-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

W.S. Industries (India) Limited has shared its statement regarding the utilization of funds raised through a preferential issue totaling ₹70.88 crore. As of the end of December 2024, there has been no deviation in the use of these funds compared to the original allocation for business activities, real estate investments, working capital, and general corporate purposes. The Audit Committee and auditors have reviewed and noted no discrepancies. This clarity on fund utilization may boost investor confidence by demonstrating prudent financial management and adherence to strategic objectives, supporting a positive outlook for the company moving forward.