Magenta Lifecare Ltd — Updates, 24-06-2025: Company Update

Date: 24th June, 2025

To,

BSE Limited

Phiroze Jeejeebhoy Tower,

Dalal Street,

Mumbai – 400 001

Dear Sir / Madam,

Subject: Revised Statement of Deviation or Variation of funds under Regulation 32 of SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015

Ref: Security Id: MAGENTA / Code: 544188

Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No.

CIR/CFD/CMD1/162/2019 dated December 24, 2019, please note that there are no deviation(s) or

variation(s) in respect of the utilization of the proceeds of the Initial Public Offer (“IPO”) of the

Company during the Half Year and Year ended on 31st March, 2025.

A statement confirming that there is no deviation or variation in the utilization of these proceeds is

enclosed herewith.

This is for your information and records please.

Thanking You.

For, Magenta Lifecare Limited

Divyesh Modi

Managing Director

DIN: 02016172

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Annexure A

Statement of Deviation or Variation in Utilization of Funds Raised

Name of listed entity Magenta Lifecare Limited

Mode of Fund Raising Public Issue

Date of Raising Funds 10-06-2024

Amount Raised (In Rs.) Rs. 5,98,00,000/-

Report filed for Quarter ended 31-03-2025

Monitoring Agency Not Applicable

Monitoring Agency Name, if applicable Not Applicable

Is there a Deviation / Variation in use of funds raised No

If yes, whether the same is pursuant to change in terms

of a contract or objects, which was approved by the

Unit holders

Not Applicable

If Yes, Date of Unit holders Approval Not Applicable

Explanation for the Deviation / Variation Not Applicable

Comments of the Audit Committee after review None

Comments of the auditors, if any None

Set forth below are objects for which funds have been raised and where there has been a deviation,

in the following table:

Original Object Modified

Object, if

any

Original

Allocation

(₹ in

Lakhs)

Modified

Allocation,

if any

Funds

Utilised

(₹ in

Lakhs)

Amount of

Deviation/

Variation

for

Quarter

according

to

applicable

object

Remarks

if

any

To Meet

Incremental

Working Capital

Requirements

No 424.00 - 424.00 Nil -

General

Corporate

Purpose

No 174.00 - 157.86 Nil -

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Deviation or variation could mean:

A. Deviation in the objects or purposes for which the funds have been raised or

B. Deviation in the amount of funds actually utilized as against what was originally disclosed

or

C. Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter

of offer, etc.

For, Magenta Lifecare Limited

Divyesh Modi

Managing Director

DIN: 02016172

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