AYM Syntex Limited — Others, 10-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

AYM Syntex Limited confirmed no deviation in the use of Rs. 141.76 Cr raised through its preferential equity share issue. The funds were allocated for debt repayment (Rs. 24 Cr), working capital reduction (Rs. 25 Cr), general corporate purposes (Rs. 33.76 Cr), and capital expenditure (Rs. 59 Cr). So far, Rs. 70.01 Cr has been utilized exactly as planned. The Audit Committee and auditors have reviewed the utilization and raised no concerns, indicating disciplined fund management and alignment with the company’s strategic priorities.