PTC Industries Ltd

With reference to compliance Under Regulation 32(1) (a) and (b) of the Securities Exchange Board of India (LODR) Regulation 2015 the Company hereby enclosing copy of statement of deviation(s) or variation(s) as per format prescribed by SEBI in the utilization of funds raised by the Company for the quarter ended December 31 2022 for the preferential allotment of the Company.