Swashthik Plascon has informed that there is no deviation or variation in the use of proceeds, from the objects stated in the prospectus for Initial Public Offering. Further, the proceeds of the issue have been utilized for the purpose as stated in the prospectus of the company dated 30th November, 2023. In terms of SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, it enclosed the Statement of deviation(s) or variation(s) for the half year ended 30th September, 2024 as reviewed by the Audit Committee at its meeting held on 11th November, 2024.
The above information is a part of company’s filings submitted to BSE.
