Shigan Quantum Technologies Limited — Others, 23-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Shigan Quantum Technologies Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company raised ₹25.91 Cr through a preferential issue last year, focusing on assembly line automation, technology acquisition, and working capital. As of March 31, 2025, ₹8.19 Cr has been spent on technology acquisition, with the rest held in fixed deposits. Some convertible warrants were forfeited due to non-payment, affecting potential future equity conversion.