Swaraj Suiting Limited — Others, 30-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Swaraj Suiting Limited has confirmed full utilization of Rs. 11.39 Cr raised through preferential issue and warrant conversion for working capital and business expansion. The Audit Committee reviewed and approved the fund deployment with no auditor concerns. This disciplined use of proceeds supports the company’s operational requirements and growth strategy, reinforcing transparency and shareholder confidence.