EMA Partners India Limited — Others, 21-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

EMA Partners India Limited has announced a board meeting on the financial results for the quarter and half-year. The company reported full adherence to the planned utilization of INR 59.47 Cr net IPO proceeds, with INR 5.43 Cr used to repay borrowings related to office premises and INR 0.04 Cr for general corporate purposes. The remaining INR 54.01 Cr is invested in fixed deposits yielding 6.5-7.45%. The monitoring agency confirmed compliance with the fund usage and found no material deviations, reflecting strong financial discipline.