Canarys Automations Limited — Others, 31-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

Canarys Automations Limited reports no deviation in the utilization of funds raised from its recent Initial Public Offering (IPO) for the half-year ending September 30, 2024. The total amount raised was ₹4,703.32 lakhs. Key allocations include ₹346.66 lakhs for digital transformation and water resource management (31.51% of the target) and full utilization for working capital and issue-related expenses. The Audit Committee has reviewed and approved this statement, confirming adherence to the planned use of funds.