In compliance with Regulation 32 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with SEBI circular no. CIR/CFD/CMD1/162/2019 dated December 24, 2019, and BSE email dated April 19, 2023, SPS International has informed that a statement of no deviation/variation(s) in the use of proceeds raised vide Preferential issue of Shares allotted on April 05th, 2022 is attached. The aforesaid information is also available on the website of the Company at www.spsintl.co.in.