One 97 Communications has confirmed that during the quarter ended December 31, 2022, there was no deviation or variation in the utilisation of proceeds of the IPO from the objects stated in the Prospectus dated November 11, 2021. A statement of deviation or variation for the quarter ended December 31, 2022, duly reviewed by the Audit Committee of the Company is enclosed as ‘Annexure-I’.
The above information is a part of company’s filings submitted to BSE.