Hindware Home Innovation Limited — Others, 15-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Hindware Home Innovation Limited has confirmed that the Rs. 249.70 Cr raised through its Rights Issue has been utilized exactly as planned, with no deviations. CARE Ratings Limited monitored the fund usage, reflecting the company’s disciplined capital allocation. This ensures the raised capital is fully supporting its intended business activities, strengthening shareholder confidence in management’s execution and financial governance.