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

eMudhra Limited has confirmed there are no deviations in the utilization of funds raised through its recent Qualified Institutional Placement (QIP), amounting to ₹1,930.01 million net. The Audit Committee has reviewed and approved this confirmation. Funds have been allocated primarily for product development, working capital for eMudhra INC, and corporate purposes, with no alterations in their intended usage. This clarity may bolster investor confidence, indicating sound financial management and adherence to strategic objectives, leading to a potentially positive outlook for stakeholders.