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

Ratnaveer Precision Engineering Limited has confirmed that for the quarter ended December 31, 2024, there was no deviation in the use of proceeds from its recent preference issue, which raised approximately ₹65.06 crore. The Audit Committee reviewed this statement, emphasizing that funds were utilized according to the originally stated objectives, including working capital, business expansion, and general corporate purposes. This clarity supports the company’s operational integrity and financial discipline. Investors may view this as a positive outlook, reinforcing confidence in the company's management of capital and strategic execution.