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

Rashi Peripherals has reported no deviations in the utilization of its ₹600 Crore Initial Public Offering (IPO) proceeds for the quarter. Funds allocated for debt repayment and working capital have been fully utilized as planned. A portion of funds for General Corporate Purposes (GCP), specifically ₹5.52 Crore out of ₹8.14 Crore, remains unutilized. The company’s Board has approved an extension of the utilization timeline for these remaining GCP funds, now expected to be completed by the end of fiscal year 2026 or thereafter. This update assures shareholders IPO funds are on track, with a revised timeline for the final portion.