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

Delaplex Limited has announced a board meeting where it confirmed no deviation in the use of IPO proceeds. The company raised Rs. 346.56 Cr through a fresh issue and Rs. 115.2 Cr via offer for sale. Of the Rs. 28.23 Cr earmarked for various uses, Rs. 23.88 Cr has been spent, leaving Rs. 4.35 Cr unutilized. Key spends include full utilization of Rs. 13.34 Cr for working capital, partial use of Rs. 4.16 Cr for marketing, and Rs. 9.05 Cr out of Rs. 10.07 Cr for corporate purposes. The Audit Committee has reviewed and approved these figures.