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.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment6/10

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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