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

Sonu Infratech Limited has announced a board meeting during which it reviewed the use of funds raised via preferential equity shares (Rs. 14.31 Cr), fully convertible warrants (Rs. 6.69 Cr), and equity shares from warrant conversion (Rs. 3.32 Cr). The entire amount was deployed for prepaying borrowings, investing in subsidiaries and joint ventures, funding working capital, bidding for work orders including NHAI projects, and general corporate purposes. The audit committee and auditors raised no concerns on the fund utilization, indicating prudent financial management.