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

Xpro India Limited has confirmed that for the quarter ending December 31, 2024, there were no deviations in the utilization of proceeds from its preferential issues and qualified institutional placements totaling ₹149.96 Crores. This affirmation, reviewed and approved by the Audit Committee, indicates effective fund management in line with stated objectives for capital expansion and working capital needs.

This positive update reinforces investor confidence in the company’s governance and operational integrity, suggesting a stable outlook ahead as it continues executing its growth strategies without concerns over fund misallocation.