Stylam Industries Limited — Others, 18-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

Stylam Industries Limited has confirmed that it did not raise any funds through public, rights, preferential issues, or QIP during the quarter ended 31st December 2024. Consequently, the statement regarding deviation or variation under Regulation 32(1) of SEBI's Listing Obligations is not applicable.

This lack of capital raising activities suggests stable liquidity and a potential focus on organic growth. For investors, this may imply a neutral sentiment as the company maintains its current financial strategies without introducing new equity risks. Overall, this update reflects a conservative approach, which may reassure shareholders concerned about dilution or volatility.