IndoStar Capital Finance Limited — Others, 13-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

IndoStar Capital Finance has confirmed that proceeds from its two preferential warrant issues remain utilized as intended, with no deviation reported for the quarter ended June 30, 2025. This covers warrants totaling approximately ₹200 Cr from May 2024 and around ₹256.67 Cr from November 2024, allocated for company growth and general corporate purposes. While no new funds from these warrants were raised or deployed this quarter, this disclosure provides investors assurance on the transparent use of past capital raises.