JM Financial Limited — Others, 28-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

JM Financial Limited has submitted a statement confirming that the funds raised through its Qualified Institutions Placement (QIP) in June 2020, amounting to ₹770 crore, have been utilized as originally intended, with no deviations reported. This assurance of proper fund utilization supports the company's financial integrity and may enhance investor confidence. By adhering to its stated objectives, JM Financial reinforces a positive outlook as it reflects effective management of resources, ensuring shareholder interests remain intact.