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

Viceroy Hotels Limited has announced a board meeting to review the Statement of Deviation in the usage of proceeds from its Rights Issue for the quarter ending December 31, 2024. The review, conducted by the Audit Committee, confirmed that there were no deviations or variations in the utilization of these funds. This assurance reflects the company’s commitment to transparency and effective management of capital raised.

For investors, this development suggests a stable financial stance, reinforcing a positive outlook as the management effectively adheres to its utilization plans without discrepancies.