Speciality Restaurants Limited — Others, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Speciality Restaurants Limited has confirmed that there is no deviation in the utilization of funds raised through the preferential issue of convertible warrants during the quarter ending September 30, 2024. The total amount raised was ₹52.14 crore, fully aligned with the objectives outlined in the extraordinary general meeting notice. The company has a positive outlook as it continues to utilize these funds for developing new restaurants and upgrading existing ones, ensuring operational consistency. Investors may view this stability as a sign of effective management and operational focus, which could enhance sentiment moving forward.