Techknowgreen Solutions Ltd — Updates, 27-05-2025: Company Update

TECHKNOWGREEN SOLUTIONS LIMITED

Registered Office: Flat 202, Hem Opal Apartment, Plot, No. 26, Ekta Society, Wakadewadi, Shivajinagar, Pune 411005 Maharashtra India

Corporate Office: Plot No 26 Ekta Park Society, Flat No 101 Hem Opal Apartment, Wakadewadi Pune 411005 Maharashtra India

Email: management@techknowgreen.com website: www.techknowgreen.com Tel: 0202999657

CIN: L90000PN2023PLC217501

Date: 27th May 2025

To,

The Corporate Relationship Department,

BSE Limited

1st Floor, PJ Towers,

Dalal Street, Mumbai 400 001

Ref: BSE Scrip Code: 543991 Symbol: TECHKGREEN ISIN: INE0P4P01011

Subject: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Ma’am,

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24,

2019, please note that there are is a variation(s) in respect of the utilization of the proceeds

of the Initial Public Offer (“IPO”) of the Company during second half of the year ended on

March 31, 2025, as mentioned in the object clause of the Prospectus dated September 12,

2023.

Please find enclosed herewith a statement in this regard.

The aforesaid statement has been reviewed and approved by the Audit Committee meeting

dated 26th May 2025 and Board of Directors of the Company at their meetings held on 27th

May 2025.

You are requested to take the above on your record.

Thanking You,

Yours Faithfully,

FOR TECHKNOWGREEN SOLUTIONS LIMITED

-------------------------

OMKAR KHIRWADKAR

COMPANY SECRETARY AND COMPLIANCE OFFICER

M NO: A73762

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techknowgreen solutions limited

your future, our care

STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED

Name of listed entity Techknowgreen Solutions Limited

Mode of Fund Raising Public Issues (Initial Public Offer)

Date of Raising Funds 23" September 2023 (Date of Allotment)

Amount Raised INR. 1,671.84 Lakh

Report filed for Quarter ended 30% March 2025

Monitoring Agency Not applicable

Monitoring Agency Name, if applicable Not applicable

Is there a Deviation / Variation in use of funds raised No.

If yes, whether the same is pursuant to change in

terms of a contract or objects, which was approved

by the shareholders

Not applicable

If Yes, Date of shareholder Approval Not applicable

Explanation for the Deviation / Variation Not applicable

Comments of the Audit Committee after review None

Comments of the auditors, if any

None

Objects for which funds have been raised and where there has been a deviation, in the following table:

(Amount in Lakhs

Original Object Modified Original Modified Funds Amount of Remarks if

Object, if | Allocation | allocation, | Utilized | Deviation / any

any if any Variation

for the

quarter

according

to

applicable

object

Investment in research and development 138.25 210.78 169.98

(“R&D”) initiatives with includes hiring of

experienced R&D resources and purchase of

equipment to support R&D initiatives

Investment in office Premises 200.00 200.00

Refurbishment of new office Premises and 99.05 99.05

purchase of office equipment’s

Expansion of our execution and support 177.00 177.00

service teams including hiring of resources

with expertise in environmental consulting.

Repayment of Bank facilities 285.08 285.08

General Corporate purposes 387.46 387.46

Issue related expenses in relation to the Fresh 385.00 312.47 312.47

Issue

TOTAL 1671.84 1631.04

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount, of funds $ actually utilized as against what was originally disclosed or

(c) Change i in terms of a contract: Aeferred to in the fund-raising document i.e. prospectus, letter of offer, etc

/ KG yf ‘@ aa oN \

A | manne tetits \ oY /5

Ajay Ojh \% $y ~—— Managing Director SOL &

TECHKNOWGREEN SOLUTIONS LIMITED

Registered Office: Flat 202, Hem Opal Apartment, Plot, No. 26, Ekta Society, Wakadewadi, Shivajinagar, Pune 411005 Maharashtra India

Corporate Office: Plot No 26 Ekta Park Society, Flat No 101 Hem Opal Apartment, Wakadewadi Pune 411005 Maharashtra India

Email: management@techknowgreen.com website: www.techknowgreen.com Tel: 0202999657

CIN: L9OOOOPN2023PLC217501

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