Hi-Tech Pipes Ltd reported a utilization variation in funds raised, with total utilized amount at Rs. 372.99 crore against the targeted Rs. 383.37 crore, showing deviations in specific planned uses. Key deviations included Rs. 3.79 crore in maintaining liquidity and Rs. 1 crore in debt reduction, with adjustments made for general corporate purposes following lapsed warrants totaling Rs. 10.38 crore.