Websol Energy System Limited — Others, 06-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Websol Energy System Limited has provided a statement regarding fund utilization from its preferential issue of convertible warrants for the quarter ending December 31, 2024. Importantly, the company confirms that there is no deviation or variation in the use of these funds.

This update indicates strong compliance and adherence to planned financial strategies, which could bolster investor confidence. By affirming proper fund utilization, Websol maintains its financial health and operational integrity, presenting a positive outlook for stakeholders. Investors may see this as a stabilizing factor, reducing potential risks related to fund management.