Brainbees Solutions Limited — Others, 08-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Brainbees Solutions Limited has confirmed that there were no deviations in the utilization of funds raised through its Initial Public Offer (IPO) for the quarter ended December 31, 2024. The company raised ₹1,601.74 crore, and all proceeds have been used as originally intended across various projects, including setting up new stores and lease payments for existing stores. This transparency may boost investor confidence, reflecting effective financial management and commitment to strategic objectives. The continued alignment with stated uses of funds presents a positive outlook for stakeholders.