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

Man Infraconstruction confirmed no deviation in the use of proceeds from its preferential issue of 3.50 crore convertible warrants, which raised Rs. 294.73 Cr. For the quarter, the company has utilized Rs. 37.66 Cr for expanding EPC and real estate business, Rs. 91.66 Cr towards working capital, and Rs. 9.01 Cr for general corporate purposes. This report, reviewed by the Audit Committee, assures shareholders that funds are being deployed strictly as per the approved objectives, reflecting strong financial governance and adherence to stated plans.