Pondy Oxides & Chemicals Limited — Others, 05-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Pondy Oxides and Chemicals Limited (POCL) confirmed that there was no deviation in the utilization of funds raised through its preferential issue for the quarter ended September 30, 2024. A total of ₹50 crores was raised via equity shares and ₹82.5 crores through convertible warrants. The company has effectively allocated these funds as intended, with no changes to the original objectives. Detailed monitoring reports are available on their website.