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Indigo Paints: Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith statement of deviation/variation in the utilization of proceeds for objects as stated in the Prospectus dated January 25 2021 of Initial Public Offer (IPO) for the quarter ended March 31 2021.The aforesaid statement has been reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on 14" May 2021. This intimation is also available on the website of the Company
www. indigopaints.com
Kindly take the same on record.

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