BSECompany Update5d ago · 4 Nov 2026, 07:14 pm
Statement of Deviation(s) or Variation(s)/Funds Utilization through the Rights Issue for the quarter ended 30th Sept 2026
Adroit Infotech Ltd · 532172
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Adroit Infotech Ltd has submitted a statement on deviation or variation of funds in proceeds of Rights Issue for the quarter ended 30th September 2026, stating that there are no deviations or variations in respect of the utilization of the proceeds.
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Adroit Infotech Ltd - 532172 - Statement Of Deviation(S) Or Variation(S)/Funds Utilization Through The Rights Issue For The Quarter Ended 3Oth Sept 2026
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Date: 04th November, 2026
To, To,
BSE LIMITED The National Stock Exchange Limited,
Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai – 400001 Bandra (East), Mumbai: 400051
Tel:022-22721233/34 Tel: 022-26598235/36/452
Fax: 022-22722131/2037/2061/41 Fax: 022-26598237/38
Email: corp.relations@bseindia.com Email: cmlist@nse.co.in
corp.compliance@bseindia.com
Scrip Code: 532172 Scrip Code: ADROITINFO
Dear Sir/Madam,
Sub: Statement on deviation or variation of funds in proceeds of Rights Issue
for the quarter ended 30th September 2026.
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 please note that there are no deviation(s) or variation(s) in respect of the
utilization of the proceeds of the Rights Issue of the Company for the quarter ended September
30, 2026, as mentioned in the object clause of the Prospectus of the company dated January
19, 2024.
Please find enclosed herewith a statement in this regard.
The aforesaid statement has been reviewed by the Audit Committee and taken on record by
the Board at their respective meetings held on Wednesday, November 04, 2026.
This is for the information and records of the Exchange.
Kindly acknowledge the receipt of the same.
Thanking you.
Yours faithfully,
for Adroit Infotech Limited
Piyush Prajapati
Company Secretary &
Compliance Officer
STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED
Name of Listed Entity Adroit Infotech Limited
Mode of Fund Raising Rights Issue
Date of Raising funds 14th Feb’ 2025
Amount Raised Rs. 4606.15 Lakhs
Report filed for Quarter Ended 30th September, 2025
Monitoring Agency Not Applicable
Monitoring Agency, if Applicable Not Applicable
Is there a Deviation/Variation in use of Fund No
Raised
If yes, whether the same is pursuant to change Not Applicable
in terms of a contract or objects, which was
approved by the Unitholders
If Yes, Date of Unitholders Approval Not Applicable
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review None
Comments of the auditors, if any None
Set forth below are objects for which funds have been raised in the Rights Issue and details of variance, if
any, in the following table:
(Rs. in Lakhs)
Amount of
Original Modified Original Modified Funds Deviation/Varia Remark
Object Object, Allocation Allocation, Utilised tion for Quarter s, if any
if any if any according to
applicable
object
Towards ------- 1750.00 ------- 812.80 ------- -------
expansion of
Business
To pay off ------- 755.00 ------- 713.34 ------- -------
other non-
current
liabilities
To part ------- 653.44 ------- 617.38 ------- -------
finance the
requirement
of Working
Capital
Acquisition of ------- 1,000.00 ------- ------- ------- -------
business in
similar or
complementar
y space
To meet ------- 661.72 ------- 625.21 ------ ------
General
Corporate
Purposes
To meet the ------- 55.00 ------- 16.47 ------ ------
expenses of
the Issue
T O T A L 4875.16 2785.20
Note: Rights Issue proceeds which remain un-utilised as at September 30, 2026 are lying in
account maintained with Axis Bank.
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 document i.e. prospectus,
letter of offer. Etc.
Thanking you.
Yours faithfully,
for Adroit Infotech Limited
Piyush Prajapati
Company Secretary &
Compliance Officer