Capacit'e Infraprojects Limited — Others, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Capacit’e Infraprojects Limited has provided a statement regarding the utilization of funds raised through its Qualified Institutional Placement (QIP), amounting to ₹200 Crores. For the quarter ending September 30, 2024, there were no deviations in the usage of these funds, as confirmed by the Audit Committee. The funds were allocated primarily for working capital requirements (₹146.66 Cr utilized), general corporate purposes (₹33.49 Cr utilized), and issue expenses (₹7.85 Cr utilized). This clarity on fund utilization may enhance investor confidence by showcasing effective capital management, positioning the company favorably in the market.