Yash Optics & Lens Limited — Others, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Yash Optics & Lens Limited has confirmed that there were no deviations in the utilization of proceeds from its Initial Public Offer (IPO) during the quarter and half-year ending September 30, 2024. The Audit Committee reviewed the usage and affirmed that all funds were utilized as specified in the company’s prospectus. The gross proceeds raised amounted to ₹53.14 crore, with ₹49.89 crore net after costs. This clarity reinforces operational transparency, which may foster a positive outlook among investors, reflecting the company's commitment to responsible financial management.