Sati Poly Plast Limited — Others, 13-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Sati Poly Plast Limited confirms there were no deviations in the use of proceeds from its Initial Public Offer, which raised ₹1,455.50 crore. The Audit Committee reviewed the statement, affirming all funds were utilized as planned for working capital and general corporate purposes for the half-year ending September 30, 2024. This clarity supports investor confidence in the company’s financial discipline and operational integrity. The absence of any deviations suggests a stable trajectory, potentially fostering a positive outlook among investors who value adherence to strategic objectives.