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

Sky Gold Limited has confirmed that there is no deviation in the use of funds raised through the preferential issue of equity shares and equity share warrants for the quarter ended December 31, 2024. The company raised ₹106.14 Cr, fully allocating funds towards working capital and general corporate purposes as initially stated. The Audit Committee has reviewed and found no discrepancies. Investor sentiment may remain stable, considering the company’s solid compliance with funding objectives, though the pending conversion of 75% of certain equity share warrants could indicate a potential risk in liquidity if not exercised.