Statement of Deviation or Variation attached.

Moongipa Capital Finance has submitted a Nil Statement of Deviation under SEBI LODR Regulation 32, confirming that proceeds from its Rights Issue (allotted on January 2, 2025) have been used in line with the objects disclosed in the Letter of Offer dated November 27, 2024. The company raised Rs. 1,527.40 Lakhs through the Rights Issue, of which Rs. 1,040.98 Lakhs (~68%) has been utilized as of March 31, 2025. The primary allocation of Rs. 1,450.40 Lakhs was for augmenting capital base and NBFC operations, of which Rs. 991.50 Lakhs has been used so far with the balance earmarked for future deployment. Issue expenses came in Rs. 10.26 Lakhs lower than estimated, and this shortfall was reallocated to general corporate purposes, as already permitted under the Letter of Offer. The Audit Committee reviewed the statement and noted no concerns, and auditors also had no comments.