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

DCX Systems Limited has confirmed that there is no deviation in the utilization of proceeds raised through both its Initial Public Offer (IPO) and Qualified Institutional Placement (QIP). For the IPO, raising Rs. 400 Cr, all funds have been used as outlined in the prospectus, with Rs. 373.03 Cr available after expenses. The QIP raised Rs. 500 Cr, with Rs. 486.65 Cr remaining for its intended purposes. This alignment with stated objectives enhances investor confidence, signaling effective management and strategic commitment, which may positively influence sentiment moving forward.