Lakshya Powertech Limited — Others, 14-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Lakshya Powertech Limited has fully utilized ₹49.80 Cr raised from its IPO, deploying funds towards repayment of borrowings (₹4.5 Cr), working capital (₹30 Cr), general corporate purposes (₹11.35 Cr), and issue-related expenses (₹3.95 Cr). The statutory auditor has certified the appropriate use of these proceeds as per the stated objectives, reinforcing the company’s financial discipline and transparency, which is reassuring for shareholders.