Kaynes Technology India Limited — Others, 29-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

KAYNES TECHNOLOGY INDIA LIMITED confirmed there were no deviations or variations in the utilization of funds from its Initial Public Offering (IPO) and Qualified Institutions Placement (QIP) for the quarter ending December 31, 2024. The Audit Committee and Board of Directors reviewed this statement at a recent meeting. This clarity on fund utilization can enhance investor confidence, indicating effective management oversight and adherence to planned financial strategies. Overall, this may present a positive outlook for shareholders, reflecting the company’s commitment to transparency and fiscal responsibility.