Latent View Analytics Limited — Capital/Financing Update 2023

Feb 1, 2023

The BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001. Scrip Code: 543398

February 01, 2023 National Stock Exchange of India Limited Exchange Plaza, C-1, Block G,

Bandra Kurla Complex Bandra East, Mumbai 400 051 Scrip Symbol: LATENTVIEW

Dear Sir/Madam,

Sub: Disclosure under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith statement of deviation(s) or variation(s) in utilization of funds raised through Initial Public Offering (IPO) for the quarter ended December 31, 2022 in the prescribed format. We hereby confirm that there has been no deviation or variation in the utilization of proceeds of IPO for the abovementioned period as mentioned in the objects stated in the Prospectus dated November 17, 2021.

Monitoring agency report issued in this regard is being separately filed with the exchange.

Yours Sincerely,

Thanking you, For Latent View Analytics Limited

PARTHASAR Digitally signed by PARTHASARATHY ATHY SRINIVASAN SRINIVASAN Date: 2023.02.01 12:58:29 +05'30'

P. Srinivasan Company Secretary and Compliance Officer

Classification: Confidential Contains PII: No

Statement of Deviation / Variation in utilization of funds raised in IPO

Name of the listed Entity	Name of the listed Entity	Name of the listed Entity	Name of the listed Entity		Latent View Analytics Limited (Formerly known as LatentView Analytics Private Limited)	Latent View Analytics Limited (Formerly known as LatentView Analytics Private Limited)	Latent View Analytics Limited (Formerly known as LatentView Analytics Private Limited)	Latent View Analytics Limited (Formerly known as LatentView Analytics Private Limited)	Latent View Analytics Limited (Formerly known as LatentView Analytics Private Limited)
Mode of Fund raising					Public Issues / ~~QIP / Others~~			~~Rights Issues /Preferential Issues /~~
Date of Raising Funds					November 18, 2021 (Date of Allotment)
Amount Raised					Fresh Issue - INR 4,740 Million
Report filed for the Quarter ended					December 31, 2022
Monitoring Agency					Applicable /		~~Not Applicable~~
Monitoring Agency Name, if applicable					ICICI Bank Limited
Is there a Deviation / Variation in use of funds raised					~~Yes~~/ No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders					Not Applicable
Ifyes, Date of shareholders’ Approval					Not Applicable
Explanation for the Deviation / Variation					Not Applicable
Comments of the Audit Committee after review					Nil
Comments of the Auditors, if any					Nil
Objects for which funds have been raised and where there has been a deviation, in the following table					(i) Funding inorganic growth initiatives (ii) Funding working capital requirements of LatentView Analytics Corporation, our Material Subsidiary (iii) Investment in our Subsidiaries to augment their capital base for future growth (iv) General corporatepurposes
Original Object	Modified Object, if any	Original Allocation	Modified Allocation, if any			Funds Utilised		Amount of Deviation / Variation for the quarter according to applicable object	Remarks, if any
Not applicable as no deviation from the objects

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised; or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed; or

(c) Change in terms of a contract referred to in the fund raising documents i.e, prospectus, letter of offer, etc.

Thanking you,

For Latent View Analytics Limited

PARTHASAR Digitally signed by PARTHASARATHY ATHY SRINIVASAN SRINIVASAN Date: 2023.02.01 12:58:58 +05'30'

P. Srinivasan

Company Secretary and Compliance Officer