PI Industries Ltd - Disclosure Under Regulation 32 Of The SEBI (Listing Obligations And Disclosure Requirements).

Pursuant to the Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 there is No deviation or variation in utilization of proceeds of QIP from objects stated in the Placement document. In terms of the SEBI Circular No. CIR/CFD/CMD1/ 162/2019 dated December 24, 2019, the statement of NIL deviation(s) or variations(s) in utilization of proceeds of QIP for the quarter ended September 30, 2022.