Hindustan Petroleum Corporation Limited — Others, 06-05-2025: Statement of deviation/variation in use of Issue proceeds

The company has disclosed a deviation in the utilization of issue proceeds from its initial public offering. A portion of the funds earmarked for specific business activities was redirected to other purposes due to changing operational priorities. This reallocation aims to support immediate business needs and enhance overall growth prospects. Shareholders should note this variation as it reflects management's adaptive strategy to optimize resource use amid evolving market conditions, potentially impacting project timelines but reinforcing financial flexibility.