Pratham EPC Projects Limited — Others, 13-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Pratham EPC Projects Limited has submitted a Statement of Deviation in the utilization of proceeds from its recently raised public issue, amounting to ₹36 crore. The Audit Committee confirmed that there were no deviations in the use of funds for the half-year ended September 30, 2024. Funds allocated for working capital, machinery purchases, issue expenses, and corporate purposes were utilized as originally planned, with expected utilization of remaining balances in FY 2024-25. This clarity on fund management may enhance investor sentiment, as it reflects operational stability and financial accountability.