Nova Agritech Limited — Others, 09-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

Nova Agritech Limited confirmed that there has been no deviation in the utilization of proceeds from its Initial Public Offer (IPO). For the quarter ended June 30, 2025, the company stated that the 112 Cr raised through the IPO on January 29, 2024, has been used exactly as outlined in the original Prospectus. The Audit Committee reviewed this and verified that all funds were applied for their intended purposes, noting that any unutilized proceeds are securely held in Fixed Deposits with a scheduled bank. This update assures shareholders of the company's adherence to its stated funding objectives.