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

JYOTI CNC AUTOMATION LIMITED has announced a board meeting to review the statement of deviation(s) in the utilization of IPO proceeds for the quarter ended December 31, 2024. The company raised ₹999.99 crores through its public issue on January 16, 2024, and confirmed there were no deviations in fund utilization as per the Audit Committee's review. The total IPO expenses came to ₹49.09 crores, with a surplus of ₹1.46 crores reallocated for general corporate purposes. This clarity on fund deployment reinforces investor confidence, suggesting a positive outlook for future operational stability.