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Latent View Analytics Limited Capital/Financing Update 2024

Feb 5, 2024

59599_rns_2024-02-05_7d82d8ef-16b4-4d48-994d-232e1b139f0b.pdf

Capital/Financing Update

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

February 05, 2024 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, 2023, 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: 2024.02.05 16:04:07 +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

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----- Start of picture text ----- Name of the listed Entity Latent View Analytics LimitedMode of Fund raising Public Issues / Rights Issues /Preferential Issues /QIP / OthersDate of Raising Funds November 18, 2021 (Date of Allotment)Amount Raised Fresh Issue - INR 4,740 MillionReport filed for the Quarter ended December 31, 2023Monitoring Agency Applicable / Not ApplicableMonitoring Agency Name, if applicable ICICI Bank LimitedIs there a Deviation / Variation in use of Yes / Nofunds raisedIf yes, whether the same is pursuant to Not Applicablechange in terms of a contract or objects,which was approved by the shareholdersIf yes, Date of shareholders’ Approval Not ApplicableExplanation for the Deviation / Variation Not ApplicableComments of the Audit Committee after NilreviewComments of the Auditors, if any NilObjects for which funds have been raised (i) Funding inorganic growth initiatives (ii)and where there has been a deviation, in the Funding working capital requirements offollowing table LatentView Analytics Corporation, our MaterialSubsidiary (iii) Investment in our Subsidiaries toaugment their capital base for future growth (iv)General corporate purposesOriginal Modified Original Modified Funds Amount of Remarks,Object Object, if Allocation Allocation, Utilised Deviation if anyany if any / Variationfor thequarteraccording toapplicableobjectNot applicable as no deviation from the objects----- End of picture text -----

Classification: Confidential Contains PII: No

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: 2024.02.05 16:04:36 +05'30'

P. Srinivasan

Company Secretary and Compliance Officer

Classification: Confidential Contains PII: No