Niks Technology Limited has confirmed that all proceeds from its Initial Public Offer and Preferential Issue were used as originally planned, with no deviations or variations.

This update assures investors that the capital raised was deployed exactly as intended.

The company clarifies that a statement on deviations is not required for the quarter and year ended March 31, 2026, demonstrating its adherence to guidelines for transparent fund management.

This is an important compliance update, confirming the proper utilization of shareholder funds.