Ajmera Realty & Infra India Limited — Others, 14-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Ajmera Realty & Infra India Limited has confirmed that proceeds from its Rs. 225 Cr preferential issue have been utilized as planned, with Rs. 100 Cr used to repay debt, about Rs. 80.9 Cr allocated to project expenditures for ongoing and upcoming acquisitions, and nearly Rs. 15 Cr for general corporate purposes. The Audit Committee reviewed and approved the utilization, reflecting strong capital discipline and supporting the company’s financial and operational stability. This clarity reassures shareholders on the effective deployment of funds.