Divine Power Energy Limited — Others, 17-04-2025: Statement of deviation(s) or variation(s) under Reg. 32

Divine Power Energy Limited has submitted its Statement of Deviation and Variation for the quarterly and financial year ending 31st March 2025. The company raised ₹22.75 crore through its IPO on 2nd July 2024, with no deviations reported in the use of the funds. The funds allocated for working capital and issue-related expenses remain unchanged, with ₹21.50 crore for working capital and ₹1.25 crore for expenses, of which around ₹95.53 lakh is pending invoice payments. Investors may view this as a positive outlook, reflecting the company's adherence to its funding strategy without variations or deviations.