Kaynes Technology India has informed that during the year ended March 31, 2023, there were no deviation or variation in the utilisation of proceeds of the IPO from the objects stated in the Prospectus dated November 16, 2022. A statement of deviation or variation, if any, for the year ended March 31, 2023, duly reviewed by the Audit Committee and Board of Directors of the Company at its meeting held on May 16, 2023, is enclosed.
The above information is a part of company’s filings submitted to BSE.
