Paramatrix Technologies Limited — Others, 28-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Paramatrix Technologies Limited has confirmed that there has been no deviation in the use of IPO proceeds for the half year ended March 31, 2025, aligning with the prospectus objectives. The company raised Rs. 30.35 Cr through fresh issuance and offer for sale. Funds were allocated mainly to capital expenditure on infrastructure (Rs. 9.40 Cr), investments in service accelerators (Rs. 4.00 Cr), geographic expansion in the Middle East and East Asia (Rs. 1.06 Cr), along with general corporate purposes and offer expenses. The audit committee and statutory auditors have verified the compliance.