Orient Technologies Limited — Others, 12-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

ORIENT TECHNOLOGIES LIMITED has reported a minor deviation in the utilization of its IPO proceeds for the quarter ended June 30, 2025. The company raised Rs. 214.76 crore through its IPO. A deviation of Rs. 0.01 crore occurred in issue expenses, as funds were used to pay vendors including Goods and Services Tax (GST), contrary to the prospectus stating payments should exclude GST. The Audit Committee reviewed this, and the Board is now in the process of taking less reimbursement for these expenses to resolve the discrepancy. This update provides transparency on fund usage.