Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, Tarmat has informed that there is no deviation or variation in the use of proceeds from the preferential issue of equity shares pursuant to conversion of warrants, from the objects as stated in the Explanatory Statement to the Notice of the Extraordinary General Meetings dated March 22, 2024 as applicable. A statement of no deviation or variation in the utilisation of these proceeds, duly reviewed and approved by the Audit Committee at its Meeting held on May 30, 2024 is enclosed.
The above information is a part of company’s filings submitted to BSE.