Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Securities and Exchange Board of India Circular CIR/CFD/CMD1/162/2019 dated December 24, 2019, Ethos has informed that there are no deviation(s) or variation(s) in respect of utilization of proceeds of Qualified Institutional Placement of the Company for the quarter ended on March 31, 2025 as mentioned in the placement document filed with the stock exchanges namely National Stock Exchange, Bombay Stock Exchange and the Registrar of Companies, Himachal Pradesh. In this regard, it has enclosed the Statement of deviation or variation in the use of proceeds of the Qualified Institutional Placement of the Company. The aforesaid statement is also being made available on the Company website: https://www.ethoswatches.com/investors-information/corporate.
The above information is a part of company’s filings submitted to BSE.
