Statement of Devication(s) or Variation(s) for the half year ended on March 31, 2026.

Cargotrans Maritime Limited has filed a compliance statement confirming no deviation or variation in the utilisation of proceeds from a preferential issue of equity shares and warrants. The company raised Rs. 1985 lakhs on February 7, 2026. The funds were allocated across three purposes: Rs. 1550 lakhs for investment in a foreign subsidiary for business expansion, Rs. 280 lakhs for repayment/prepayment of borrowings, and Rs. 155 lakhs for working capital requirements. All Rs. 1985 lakhs have been fully utilized as per the original allocation with zero deviation. The audit committee reviewed and confirmed the same on May 28, 2026.