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

PDS Limited has announced a board meeting to discuss the Statement of Deviation/Variation for the quarter ended December 31, 2024, related to funds raised through a Qualified Institutional Placement (QIP) of INR 430 Crores. Following a review by the Audit Committee, the company confirmed there has been no deviation in the use of these funds. This transparency reinforces the company's commitment to effective capital management, potentially boosting investor confidence. Overall, the announcement reflects a positive outlook for shareholders, highlighting adherence to planned financial strategies without variances.