Prostarm Info Systems Limited — Others, 14-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

Prostarm Info Systems Limited has released its Monitoring Agency Report on the utilization of IPO proceeds for the recent quarter. The report confirms that there are no deviations from the stated objectives. Of the 144.94 Cr net proceeds, 60.07 Cr has been utilized. The company fully paid off 17.96 Cr in borrowings and used 42.11 Cr for working capital. Funds earmarked for inorganic growth (12.48 Cr) and General Corporate Purposes (42.00 Cr) remain unutilized and are currently invested in fixed deposits. This update assures investors that IPO funds are being managed transparently and as disclosed.