Canarys Automations Limited — Others, 29-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Canarys Automations Limited has announced a reallocation of ₹4,703.32 Lakhs from its IPO proceeds, diverting ₹894 Lakhs originally intended for a new delivery center to acquire equity shares in Fortira Inc., USA. This strategic adjustment, approved by shareholders, emphasizes the company’s focus on international expansion. Funding for digital transformation, working capital, corporate purposes, and issue-related expenses remains unchanged, ensuring operational plans continue alongside this new investment direction.