VASHISHTHA LUXURY FASHION LIMITED

Key Confirmation

The company confirms that there was no deviation or variation in the use of proceeds from the funds raised through its IPO of equity shares for the half year ended 30th September 2026.

Fund Raising Details

  • Mode of Fund Raising: Initial Public Offer (IPO)
  • Date of Raising Funds: 11th September 2025 (Date of allotment)
  • Amount Raised: ₹8.87 lakhs
  • Report Period: Half year ended 30th September 2026

Monitoring and Oversight

  • Monitoring Agency: Not applicable
  • The statement of deviation/variation was reviewed by the company's Audit Committee.
  • The statement was taken on record by the Board of Directors at their meeting held on 14th November 2026.
  • Auditors' Comments: None

Detailed Fund Utilization (As Per Original Objects)

The table provided confirms the funds were utilized exactly as per the original objects disclosed during the IPO:

| Original Object | Amount (₹ lakhs) | Amount Utilized (₹ lakhs) | Deviation/Variation |

| Funding working capital requirements | 1363.72 | 190.99 | Not Applicable |

| Repayment of borrowings | 1269.46 | 1269.46 | Not Applicable |

| General Corporate Purposes | 132.18 | 132.18 | Not Applicable |

| Issue Expenses | 121.75 | 121.75 | Not Applicable |

Shareholder Approval

Not applicable as there was no deviation or variation requiring shareholder approval.

Explanation for Deviation/Variation

Not applicable.