Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, Indian Infotech & Software has informed that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Initial Public Offer (IPO) of the Company during the quarter ended June 30, 2024, as mentioned in the object of issue of the Letter of Offer dated January 15, 2024. The company has enclosed a statement in this regard.