PG Electroplast Limited — Others, 12-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

PG Electroplast Limited has announced no deviation in the use of Rs. 1477.56 Cr raised through Qualified Institutions Placement. During the quarter, Rs. 274.43 Cr was deployed, with a total utilization of Rs. 759.08 Cr so far. Funds are being used as intended for working capital, capital expenditures in subsidiaries, facility expansions, equipment purchases, and partial repayment of borrowings. This disciplined approach to fund use supports the company’s growth and operational efficiency, ensuring alignment with its stated objectives.