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

Iris Clothings has confirmed there is no deviation in the utilization of funds raised through its Rights Issue. The company raised 47.58 Cr via the issue. After deducting 4.80 Cr for issue-related expenses, the net proceeds were primarily allocated for augmenting working capital (35.14 Cr) and general corporate purposes (7.65 Cr). The company utilized approximately 35.14 Cr for working capital and 8.08 Cr for general corporate purposes, affirming adherence to its stated objectives. This update provides clarity on fund deployment for shareholders.