Vasa Denticity Limited — Others, 16-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

VASA Denticity Limited confirms no deviation in the use of public issue proceeds totaling ₹54.07 Cr, raised through fresh issue and offer for sale. Funds were mainly allocated to working capital (₹26 Cr), brand visibility (₹3 Cr), offer expenses (₹2.96 Cr), and general corporate purposes (₹8.66 Cr). So far, ₹36 Cr has been utilized as planned, demonstrating disciplined financial management aligned with the company’s stated objectives. This assures shareholders of effective capital deployment supporting operational and growth initiatives.