SKY GOLD AND DIAMONDS LIMITED — Others, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Sky Gold Limited has announced a board meeting to review the utilization of funds raised through its recent Qualified Institutional Placement (QIP) totaling ₹269.99 crore. The company confirmed there are no deviations in fund usage, aligning it with the original objectives outlined for the QIP. The Audit Committee has provided a nil statement of deviation for the quarter ending December 31, 2024.

This update indicates strong governance and adherence to planned strategies, potentially fostering investor confidence and reflecting a positive outlook. Shareholders can expect continued transparency in financial operations, reinforcing the company’s commitment to effective capital management.