NSEStatement of deviation(s) or variation(s) under Reg. 3227 Oct 2026 · 27 Oct 2026, 08:56 pm
Statement of deviation(s) or variation(s) under Reg. 32
Knack Packaging Limited · KNACK
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Knack Packaging Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, confirming no deviation or variation in the utilization of proceeds of Public Issue i.e. Initial Public Offer for the Quarter ended September 30, 2026.
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Knack Packaging Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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KNACK_6101_27102026205636_STATEMENTDEVIATIONVARIATION.pdf
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Date: 27/10/2026
To, To,
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Exchange Plaza 5th Floor, Plot no. C/1,
25th Floor, P J Towers, Dalal Street, G Block, Bandra Kurla Complex,
Fort, Mumbai – 400001. Bandra (East), Mumbai – 400051.
SCRIP CODE: 544814 SYMBOL: KNACK
Dear Sir/ Madam,
Sub: Statement of Deviation or Variation in utilization of funds raised under Regulation 32
of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the
Quarter ended September 30, 2026.
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby confirm that there is no deviation or variation in the utilization of
proceeds of Public Issue i.e. Initial Public Offer. Please find enclosed herewith the Statements
confirming that there is no deviation or variation in the utilization of proceeds of Public Issue i.e.
Initial Public Offer for the Quarter ended September 30, 2026.
You are requested to take the same on your records.
Thanking you,
Yours faithfully,
For Knack Packaging Limited
Ravikumar Pasi
Company Secretary & Compliance Officer
Membership No.: ACS-28167
Encl.: As above
KNACk
KNAck PAckAqiNG LiMiTEd
(Formerly known as Knack Packaging Pvt. Ltd.)
Manufacturers & Exporters of PE/PP Woven Fabrics/Bags & Printed and Laminated Woven PP Bags. (PLWPP)
Regd. Office: 330/A, Kalasagar Shopping Hub, Opp. Saibaba Temple, Satadhar Cross Road, Ghatlodiya, Ahmedabad - 380061, Gujarat, India. Ph. (+91)-79-27451130/31
Factory: Block No. 493,497,482 & 489, 175, 176 & 177, 8/h. Shankar Parvati Cotton Mill, Kadi-Thol Road, Village: Borisana, Ta: Kadi, Dist. Mehsana-384441. India. Ph. (+91)-9925199507
61►~ Ne.: U25209GJ2013PlO07364i'
CIN: L25200GJ2013PLC073847
Statement of Deviation or Variation in utilization of Funds raised through Public Issue for
the Quarter ended September 30, 2026
Statement on deviation / variation in utilisation of funds raised
Name of listed entity KNACK PACKAGING LIMITED
Mode of Fund Raising Public Issue i.e. Initial Public Offer
Date of Raising Funds July 06, 2026 (Allotment Date)
Amount Raised Fresh Issue of Rs. 3800 Million
Offer for Sale of Rs. 595 Million
Report filed tor Quarter ended September 30, 2026
Monitoring Agency Applicable
Monitoring Agency Name, CARE Ratings Limited
Is there a Deviation / Variation in use of funds No No
raised
If yes, whether the same is pursuant to change in terms Not Applicable
of a contract or objects, which was approved by the
shareholders
If Yes, Date of shareholder Approval Not Applicable
Explanation for the Deviation /Variation Not Applicable
Comments of the Audit Committee after review Audit Committee reviewed and noted that there
is no deviation or variation in the utilization of
IPO proceeds from the objects stated in the
Prospectus.
Comments of the auditors, if anv Not Applicable
Objects for which funds have been raised and where there has been a deviation, in the following table
(Rs. In Millions)
Original Modified Original Modified Funds Amount of Remarks if any
Object Object, Allocation allocation, Utilised Deviation/Va
if any if any riation for
the quarter
according to
applicable
object
Partial funding of NA 3200.00 0.00 7.04 0.00 The funds will be
capital expenditure utilised
towards setting up progressively as
of new the project
manufacturing progesses.
facility at Borisana
situated at Kadi, - The Project has
Mehsana, Gujarat L recently
·~- commenced
1MEd11.\>l'l
Website: www.knackpackaging.com • E-mail: info@knackpackaging.com
KNAck PAckAqiNq LiMiTEd
(Formerly known as Knack Packaging Pvt. Ltd.)
Manufacturers & Exporters of PE/PP Woven Fabrics/Bags & Printed and Laminated Woven PP Bags. (PLWPP)
Regd. Office: 330/A, Kalasagar Shopping Hub, Opp. Saibaba Temple, Satadhar Cross Road, Ghatlodiya, Ahmedabad - 380061, Gujarat, India. Ph. (+91)-79-27451130/31
Factory: Block No. 493,497, 482 &4 89, 175, 176 &1 77, B/h. Shankar Parvati Cotton Mill, Kadi-Tho! Road, Village: Borisana, Ta: Kadi, Dist. Mehsana - 384441. India. Ph. (+91 )-9925199507
GIN ~~e.: U25200GJ2013PLC073&t7
CIN: L25200GJ2013PLC073847
General corporate NA 311.49 0.00 294.69 0.00
Purposes
Issue expenses NA 288.51 0.00 259.03 0.00
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
(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of
off~r etc
KNACk PAckAGi
ll£CIOI
SHTULSIBHAI PATEL
DIN· 08380254
Alpesh Tulsibliai Patel
Chairman and Managing Director
DIN:06380254
Website: www.knackpackaging.com • E-mail: info@knackpackaging.com