Indian Terrain Fashions Limited — Others, 12-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Indian Terrain Fashions Limited has confirmed that there were no deviations or variations in the use of funds from its preferential issue of equity shares allotted on October 3, 2024. The total amount raised was ₹10.00 crore (cr), which was fully utilized according to the original allocation for working capital and general corporate purposes. This status was reviewed and approved by the Audit Committee and Board during a recent meeting. Investors may view this as a positive outlook, reflecting the company's adherence to its financing strategy without deviations.