The Byke Hospitality Ltd — Others, 07-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

The Byke Hospitality Limited has confirmed that there is no deviation in the use of proceeds from its Preferential Issue. Of the total Rs. 54.95 crore raised, Rs. 9.07 crore was used for loan repayment and Rs. 37.68 crore for general corporate purposes by March 2025. The remaining Rs. 8.20 crore, as of June 2025, is held in fixed deposits, generating Rs. 0.71 crore in earnings. This transparency assures shareholders of the company's adherence to its stated fund utilization objectives.