One 97 Communications Limited — Others, 20-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

One 97 Communications Limited has announced a board meeting to review the utilization of funds raised through its IPO. In the latest quarter, there were no deviations in the use of the ₹1,830 crore proceeds from the originally stated objectives in the prospectus. The funds have been allocated towards enhancing the Paytm ecosystem and pursuing strategic initiatives. The Audit Committee confirmed no comments were necessary, indicating a smooth adherence to the intended financial strategy. This report could foster a positive outlook among investors, reflecting effective fund management and strategic consistency.