Gala Precision Engineering Limited — Others, 05-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

Gala Precision Engineering Limited has confirmed no deviation or variation in the utilization of funds raised through its Initial Public Offer (IPO). The 167.93 Cr IPO proceeds are being used exactly for their intended purposes. This 'NIL' deviation statement, reviewed by the Audit Committee, assures stakeholders that the company is adhering to its initial fund utilization plans, reflecting strong corporate governance and transparency.