Nova Agritech Limited — Others, 08-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Nova Agritech Limited has confirmed there are no deviations in the utilization of funds raised from its Initial Public Offering (IPO). A statement reviewed by the Audit Committee indicates that all proceeds are being used as stated in the prospectus issued on January 28, 2024. The company assures that the unutilized IPO proceeds are securely parked in fixed deposits with scheduled banks.