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Dev Labtech Venture Limited has confirmed that there is no deviation or variation in the utilization of funds raised through its Public Issue of Rs. 11.22 Cr and Preferential Issue of Share Warrants amounting to Rs. 19.66 Cr for capital expenditure, working capital, and corporate expenses. The company has fully utilized the allocated amounts as planned. Additionally, 30.32 lakh warrants have been converted into equity shares and listed, with listing application pending for the balance 5.6 lakh equity shares arising from warrants conversion. This demonstrates effective capital management supporting business expansion and working capital needs.