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

Walchandnagar Industries (WIL) confirms no deviation in the use of funds from its preferential issue. For the quarter ended June 30, 2025, the company states the Rs. 247.59 Cr raised, comprising Rs. 216 Cr received and Rs. 31.59 Cr from loan adjustment, was utilized in line with original stated objectives. This includes funds allocated for loan repayments, capital expenditure, and working capital. The Audit Committee has reviewed and confirmed this. This update assures investors that the capital raised is being deployed precisely as planned.