NSEStatement of deviation(s) or variation(s) under Reg. 323h ago · 2 Nov 2026, 11:50 pm

Statement of deviation(s) or variation(s) under Reg. 32

ESDS Software Solution Limited · ESDS

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ESDS Software Solution Limited has filed a statement confirming no deviation or variation in utilization of funds raised through IPO during the quarter ended September 30, 2026.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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ESDS Software Solution Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

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ESDS_02112026235002_ESDS_Statement_of_Deviation_BSE_NSE_Intimation.pdf

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Ref. No. ESDS / 2026-27 / 21 Date: November 02, 2026 To To Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, C-1, G-Block, Bandra-Kurla Complex Dalal Street, Mumbai, MH – 400001 Bandra (E), Mumbai, MH – 400051 Scrip Code: 544898 Scrip Symbol: ESDS Sub: Statement of Deviations and Variations under Regulation 32(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 32(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed a statement confirming no deviation or variation in utilization of funds raised through IPO during the quarter ended September 30, 2026. Kindly take the same on your record. Thanking you For ESDS Software Solution Limited (Prasad Deochand Deokar) Company Secretary & Compliance Officer M. No. A34350 ESDS Software Solution Limited Statement of Deviation or Variation in utilisation of funds raised through Public Issue for the Quarter and Financial Year ended March 31, 2026 [Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular for compliance with the provisions of the LODR Regulations] Name of listed entity ESDS Software Solution Limited Mode of fund raising Public Issue (Initial Public Offer) Date of raising funds September 02, 2026 Amount raised ₹ 7200 million (fresh issue; net proceeds ₹ 6,670.48 million) Report filed for quarter ended September 30, 2026 Monitoring Agency Applicable Monitoring Agency name, if applicable CRISIL Ratings Limited Is there a deviation / variation in use of funds raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was Not applicable approved by the shareholders If yes, date of shareholder approval Not applicable Explanation for the deviation / variation Not applicable No deviation / variation observed. The Audit Committee Comments of the Audit Committee after review reviewed the statement at its meeting held on November 02, 2026. Comments of the auditors, if any Nil Objects for which funds have been raised and where there has been a deviation / variation, in the following table: Amount of Deviation / Variation Modified Modified Original Funds for the Allocation, Remarks, if Original Object Object, if Allocation Utilised quarter if any any any (₹ million) (₹ million) according to (₹ million) applicable object (₹ million) Purchase and To be installation of cloud deployed as computing and other Not Not 5,760.00 Nil Nil per Schedule equipment and applicable applicable in offer infrastructure for our document Relevant Data Centres To be deployed as General Corporate Not Not 910.48 87.46 Nil per Schedule Purposes applicable applicable in offer document To be deployed as Not Not Issue Expenses 529.52 381.67 Nil per Schedule applicable applicable in offer document Total - 7,200.00 - 469.13 Nil - Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised; (b) Deviation in the amount of funds actually utilised as against what was originally disclosed; or (c) Change in terms of a contract referred to in the fund-raising document, i.e. prospectus, letter of offer, etc. For ESDS Software Solution Limited (Prasad Deochand Deokar) Company Secretary & Compliance Officer Place: Nashik Date: 02.11.2026