Cybertech Systems And Software Limited — Others, 24-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

CyberTech Systems and Software Limited confirmed no deviation in the use of proceeds from its preferential issue of equity shares for the quarter ended December 31, 2024. The company raised ₹40.28 crore, intended to support business expansion, general corporate needs, and future growth opportunities, including potential acquisitions. All funds remain in place, with unutilized amounts securely held in fixed deposits to ensure liquidity. This transparency may bolster investor confidence by highlighting prudent financial management; however, the lack of immediate deployment could raise questions regarding the pace of growth initiatives.