Zaggle Prepaid Ocean Services Limited — Others, 08-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Zaggle Prepaid Ocean Services Limited reports there were no deviations in the utilization of proceeds from their Initial Public Offer (IPO) of ₹392 crores and the Qualified Institutions Placement (QIP) of ₹594.84 crores for the quarter ended December 31, 2024. Both funding sources were reviewed by the Audit Committee and acknowledged by the Board. Maintaining the integrity of fund usage is a positive indicator for investors, suggesting disciplined financial management, which could enhance investor confidence and contribute to a favorable market sentiment moving forward.