Varroc Engineering Limited — Others, 01-07-2025: Statement of deviation/variation in use of Issue proceeds

The company has disclosed a deviation in the use of proceeds from a previous issue. Certain funds initially allocated for specific purposes were redirected due to changing business priorities. This shift impacts project timelines but aims to optimize operational efficiency and support growth initiatives. Shareholders should note the company is actively managing resources to align with current market conditions and strategic goals, ensuring better utilization of capital for sustained value creation.