Choice International Limited — Others, 25-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

Choice International Limited confirmed there is no deviation in the use of proceeds from its equity warrant preferential issue. The company raised ₹693.63 crores, with ₹173.41 crores utilized as of September 30, 2024. Investments were made in subsidiaries and in physical infrastructure, while loan repayments exceeded initial allocations within permissible limits. A report detailing these allocations is available for review.