Atam Valves Limited — Others, 08-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Atam Valves Limited has confirmed no fund-raising activities through public issues, rights issues, preferential issues, or Qualified Institutional Placements during the quarter. As a result, there is no variation in the use of funds, indicating stable financial planning with no unexpected capital inflows or changes in resource allocation. This stability supports steady operational execution without dilution concerns for shareholders.