Adani Enterprises Limited — Others, 30-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

Adani Enterprises Limited has confirmed that during the quarter ended December 31, 2024, there was no deviation in the utilization of funds raised through a Qualified Institutional Placement (QIP) of INR 4,200 Crore. The proceeds remain aligned with the original objectives outlined in the placement document from October 9, 2024. This reflects positively on the company's governance and financial management practices as it adheres to its stated funding purposes, including capital expenditures for subsidiaries and corporate purposes. Investors may view this announcement as a sign of stability and effective resource management, suggesting a positive outlook for the company's operational integrity.