Akanksha Power and Infrastructure Limited — Others, 06-06-2025: Statement of deviation(s) or variation(s) under Reg. 32

Akanksha Power and Infrastructure Ltd. has announced a board meeting on the financial results for the quarter and half-year. The company utilized ₹3.62 Cr of its ₹27.48 Cr IPO proceeds primarily for capital expenditure, with ₹1.40 Cr pending for machinery. Working capital and corporate purposes were funded as planned, and issue expenses slightly exceeded estimates by 1.48%, staying within limits. From a ₹16.67 Cr preferential issue raised via equity shares and warrants, ₹7.67 Cr was deployed mainly for capacitor plant acquisition and upgrades, with ₹4.16 Cr from warrants yet to be converted. No fund usage variances were noted.