S A Tech Software India Limited — Others, 11-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

S A Tech Software India Limited has submitted a statement confirming no deviations in the utilization of funds raised from its Initial Public Offer (IPO) for the half-year ended September 30, 2024. The total amount raised was ₹23.01 crore, with funds allocated primarily for repaying borrowings and working capital. A statutory auditor's certificate certifying the proper usage of IPO proceeds has been enclosed. This transparency may enhance investor confidence in the company’s fiscal management and operational integrity, presenting a positive outlook moving forward.