Valencia India Ltd — Important, 12-11-2025: Company Update

Valencia India Limited confirmed no deviation in the utilization of its IPO proceeds for the six months ended September 30. The company raised 48.95 Cr from its Initial Public Offer. Funds were allocated for the development of villas, a clubhouse, and general corporate purposes. While 27.92 Cr has been utilized for villa development, 9.50 Cr allocated for the project is currently held in a fixed deposit with a scheduled commercial bank, awaiting deployment. The Audit Committee reviewed and approved this statement, affirming proper use of funds.