7Seas Entertainment Ltd — Important, 30-05-2026: Company Update

The company confirmed no deviation in the utilization of funds raised through a Preferential Allotment. From the total 17.32 Cr raised, 2.11 Cr was utilized during the quarter ending March 31 for the stated objectives. The Audit Committee reviewed and found no variation in how these funds were deployed. This assures shareholders that capital is being used exactly as planned for purposes such as working capital, new projects, capital expenditure, and general corporate needs, maintaining transparency in fund deployment.