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

Capacit’e Infraprojects Limited has announced a board meeting to discuss the Statement of Deviation regarding the utilization of funds raised through a Qualified Institutional Placement (QIP). For the quarter ended September 30, 2024, the total amount raised was ₹200 crore. Importantly, there has been no deviation in the use of these funds, as confirmed by the Audit Committee and external auditors.

This update reinforces the company’s commitment to transparency and effective fund management, which may bolster investor confidence. The absence of deviations suggests strong operational adherence to the original financing objectives, presenting a positive outlook for stakeholders.