DOMS Industries Limited — Others, 04-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

DOMS Industries Limited has confirmed there were no deviations or variations in the utilization of funds from its Initial Public Offer (IPO) for the quarter ended December 31, 2024. The total amount raised was ₹1,200 crore, with ₹725.24 crore allocated for establishing the Proposed Project and ₹511.26 crore for general corporate purposes. This result follows a review by the Audit Committee, signaling effective fund management, which could foster positive investor sentiment. The consistent alignment with the originally stated objectives indicates a strong operational oversight, bolstering confidence in the company’s governance.