NSEStatement of deviation(s) or variation(s) under Reg. 325d ago · 2 Nov 2026, 07:05 pm
Statement of deviation(s) or variation(s) under Reg. 32
Xtranet Technologies Limited · XTRANET
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Xtranet Technologies Limited has filed a statement of deviation or variation under Regulation 32 of SEBI LODR, stating that there has been no deviation in the utilization of IPO proceeds for the quarter ended September 30, 2026.
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Xtranet Technologies Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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a0 NraNet
Transforming Business
Date: November 02, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5% Floor, Plot No. C/1, G Department of Corporate Services/ Listing
Block, Bandra-Kurla Complex, Bandra (East), Phiroze Jeejeebhoy Jeejeebhoy Towers
Mumbai - 400051 Dalal Street, Fort, Mumbai — 400001
SYMBOL: XTRANET SCRIP CODE: 544838
Subject: Statement of Deviation(s)/Variation(s) in utilization of issue proceeds of Public Issue
for the quarter ended on September 30, 2026 pursuant to Regulation 32(1) of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBILODR”)
Dear Sir/Ma’am,
This is to inform you that the equity shares of the Company have been listed on BSE Limited and
National Stock Exchange of India Limited with effect from July 30, 2026. Accordingly, pursuant to the
provisions of Regulation 32(1) of SEBI LODR, as amended, we are enclosing herewith a Statement
confirming that there has been no deviation or variation in the utilization of proceeds raised through
issuance of equity shares by way of Initial Public Offer (IPO) for the quarter ended September 30, 2026,
in the format prescribed under SEBI Circular no. SEBI/HO/49/14/14(7)2025-CF D-POD2/1/3762/2026
dated January 30, 2026. We request you to kindly acknowledge and take the above on record.
The aforesaid statement has been reviewed by the Audit Committee and taken on record by the Board
at their meetings held on November 2, 2026.
We also wish to inform that as the IPO proceeds have been utilized for the purpose stated in the
Company's prospectus and there was no deviation in utilization of such funds.
Kindly take the same on your records.
Thanking You,
Yours Sincerely,
For Xtranet Technologies Limited
Kavita Malik
Company Secretary and Compliance Officer
Membership No.: ACS24700
Encl.: Ala
XtraNet Technologies Limited
(Previously known as XtralVet Technologies Private Limited)
(An IS0-9001:2015, ISO/IEC 27001:2013, ISO/IEC 20000-1:2011 & CMMi Level-5 Certified Company)
HO: - Z-24, Zone-|, MP. Nagar, Bhopal —462 011 (M.P.) INDIA Tel:: +91-755- 4223295, +91-755-4229295, 209295
CIN: L72200MP2002PLCO014956, Web: www.xtranetindia.com, Email: info@xtranetindia.com
144 NraNet
Transforming Business
STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE
Name of Listed Entity XtraNet Technologies Limited
Mode of Fund Raising Public Issue- Initial Public Offer (IPO)
Date of Raising Funds July 28, 2026
Amount Raised (In Lakh) %16,680.18
Report filed for Quarter ended September 30, 2026
Monitoring Agency Yes, Applicable
Monitoring Agency Name, if applicable Crisil Ratings Limited
Is there a Deviation / Variation in use of funds raised | No
If yes, whether the same is pursuant to change in Not Applicable
terms 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 No Comments
Comments of the auditors, if any No Comments
Objects for which funds have been raised and where there has been a deviation, in the following table:
Original Object Modified Original Modified Funds Amount of Rem
Object, if Allocation allocation, if Utilized Deviation/ arks
any (In Lakhs) any Variation if
for the any
quarter
according
applicable
object
Repayment/pre- None 2,019.60 None 2,019.60 NIL -
payment, in full or in
part, of certain
outstanding
borrowings availed by
our Company; and
Capital expenditure None 848.06 None - NIL -
by our Company for
purchase of systems
and hardware;
To meet working None 10,200.00 None 6,317.36 NIL -
capital requirements
general Corporate None 1,861.45 None 1,525.00 NIL -
Purposes
Issue related None 1,751.07 None 1,710.11 NIL -
expenses in relation
to Issue
TOTAL 16,680.18 11,572.07
For Xtranet Technologies Limited
Chgtan Anand
Group Chief Financial Officer
Date- November 2, 2026
XtraNet Technologies Limited
(Previously known as XtralVet Technologies Private Limited)
(An IS0-9001:2015, ISO/IEC 27001:2013, ISO/IEC 20000-1:2011 & CMMi Level-5 Certified Company)
HO: - Z-24, Zone-|, MP. Nagar, Bhopal —462 011 (M.P.) INDIA Tel:: +91-755- 4223295, +91-755-4229295, 209295
CIN: L72200MP2002PLCO014956, Web: www.xtranetindia.com, Email: info@xtranetindia.com