Statement of Deviation or Variation- Disclosure pursuant to Regulation 32 of SEBI (LODR) Regulation, 2015 enclosed herewith.
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Julien Agro Infratech has filed a deviation/variation statement for the quarter ended June 30, 2025, regarding funds raised through a Preferential Issue of Warrants on March 29, 2025. The company raised Rs. 2,028.44 Lakhs with no issue-related expenses, making the full net proceeds available for utilisation. The stated objective is to fund agro-business expansion, long-term construction/infrastructure activities, balance sheet strengthening, working capital liquidity, and general corporate purposes. The company reports 'No Deviation' from the original objects, and both the Audit Committee and Board reviewed and recorded the statement on July 21, 2025, with no comments or auditor observations. No monitoring agency was appointed, as the issue size did not warrant one.
This is a routine regulatory compliance filing confirming that the company is using the warrant proceeds as originally disclosed, with no change in purpose or allocation. For shareholders, this signals orderly deployment of freshly raised capital and no negative news, though the small issue size and lack of marquee disclosures suggest limited material impact on the stock.