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

Afcons Infrastructure Limited confirmed no deviation in the utilization of funds raised from its Initial Public Offer (IPO) for the quarter ended June 30, 2025. The company had raised ₹1,250 Crore through a fresh issue of shares. This statement assures investors that the IPO proceeds have been used exactly as disclosed in the original offer document, maintaining transparency regarding the deployment of raised capital. Crisil Ratings Limited acts as the monitoring agency for these funds.