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

DEE Development Engineers Limited has confirmed full utilization of the Rs. 325 Cr raised through its IPO, strictly following the original objectives. The Audit Committee and auditors have raised no concerns, reflecting transparent and disciplined capital allocation. This consistent fund deployment supports the company’s operational and growth strategies, reassuring shareholders about management’s adherence to planned use of proceeds.