Ajmera Realty & Infra India Limited — Others, 24-07-2025: Statement of deviation(s) or variation(s) under Reg. 32

Ajmera Realty & Infra India has confirmed no deviation in the use of proceeds from its preferential issue, which raised Rs. 225 crore. The company utilized Rs. 100 crore for debt repayment, Rs. 110 crore for project expenditures, and Rs. 15 crore for general corporate purposes. All these funds have been fully utilized as per the stated original objectives. This confirmation of full utilization and no deviation was reviewed by the Audit Committee and is also monitored by CRISIL Ratings. This update provides transparency on the company's financial stewardship and ensures proper utilization of capital raised from investors.