Neelam Linens and Garments (India) Limited — Others, 06-06-2025: Statement of deviation(s) or variation(s) under Reg. 32

Neelam Linens and Garments (India) Limited has confirmed that the ₹13.0032 Cr raised through its IPO is being used as intended, including capital expenditure on embroidery machines, prepayment of borrowings, and general corporate purposes. This disciplined fund deployment underscores the company’s commitment to its growth plans and provides assurance to shareholders about prudent financial management.