BSECompany Update2d ago · 5 Nov 2026, 12:38 pm
Sodhani Academy of Fintech Enablers Limited has informed the Exchange regarding Statement of deviation(s) and variation(s) under regulation 32 of SEBI (Listing Regulations), 2015
Sodhani Academy of Fintech Enablers Ltd · 544257
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Sodhani Academy of Fintech Enablers Ltd has filed a statement of deviation or variation under SEBI (Listing Regulations) for the half year ended September 30, 2026, stating that there is no deviation or variation in the utilization of proceeds raised through a fresh issue of equity shares by way of Initial Public Offer (IPO).
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Sodhani Academy of Fintech Enablers Ltd - 544257 - Statement Of Deviation And Variation For The Half Year Ended September 30, 2026
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SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
(CIN- L67120RJ2009PLC028237)
Registered Office-Ground Floor, P No. C 373, C Block, Vaishali Nagar, Jaipur – 302021, Rajasthan
Branch Office: A-113, 1st Floor, Lodha Supremus, MIDC, Andheri East, Mumbai – 400093, Maharashtra
Email Id: -info@safefintech.in, Phone No.: - 0141 – 2358107 (JP), +91 86553-84250 (MH), Website: www.safefintech
November 05, 2026
The Manager - Listing Department,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai-400001
Scrip Code: - 544257; ISIN: - INE0Q3401017 Symbol: - SAFE;
Dear Sir/Madam,
Subject: Statement of deviation(s) or variation(s) for the half year ended September 30, 2026
under Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“SEBI Listing Regulations”).
The equity shares of the Company have been listed on BSE Limited India Limited w.e.f. September 23,
2024. Accordingly, pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, a Statement confirming no deviation or variation in the utilization of
proceeds raised through a fresh issue of equity shares by way of Initial Public Offer (‘IPO’) (fresh issue
and offer for sale) for half year ended September 30, 2026 is enclosed herein as Annexure I, in the
format as prescribed.
We request you to take this on record.
Thanking you,
Yours faithfully,
For SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
MONIKA AGARWAL
Company Secretary cum compliance officer
ACS: A55546
Encl: - As Above
SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
(CIN- L67120RJ2009PLC028237)
Registered Office-Ground Floor, P No. C 373, C Block, Vaishali Nagar, Jaipur – 302021, Rajasthan
Branch Office: A-113, 1st Floor, Lodha Supremus, MIDC, Andheri East, Mumbai – 400093, Maharashtra
Email Id: -info@safefintech.in, Phone No.: - 0141 – 2358107 (JP), +91 86553-84250 (MH), Website: www.safefintech
Annexure I
Statement on deviation or variation for proceeds of Public Issue
Statement on deviation / variation in utilisation of funds raised
Name of listed entity Sodhani Academy of Fintech Enablers Limited
Mode of Fund Raising Public Issue- Initial public Offering (IPO) (Fresh
Issue and Offer for Sale)
Date of Raising Funds 19-09-2026 (date of allotment)
Amount Raised (Rs. in Rs) 612,00,000
Report filed for Half year ended September 30, 2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable Not Applicable
Is there a Deviation / Variation in use of NO
funds raised
If yes, whether the same is pursuant to Not applicable
change in 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 None
review
Comments of the auditors, if any As per our observation there is no deviation or
comments.
Objects for which fund have been raised and Objects:
where there has been a deviation in the 1. Offer-related Expenses in Relation to
following table Fresh Offer
2. Building Content Studio and Offline
Training Infrastructure
3. Information Technology (Hardware,
including Software) Procurement
4. Content Development for Course
Material
5. Enhancement of Brand Visibility and
Awareness
6. Learning Management System (LMS)
Application Development
7. General Corporate Purpose
SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
(CIN- L67120RJ2009PLC028237)
Registered Office-Ground Floor, P No. C 373, C Block, Vaishali Nagar, Jaipur – 302021, Rajasthan
Branch Office: A-113, 1st Floor, Lodha Supremus, MIDC, Andheri East, Mumbai – 400093, Maharashtra
Email Id: -info@safefintech.in, Phone No.: - 0141 – 2358107 (JP), +91 86553-84250 (MH), Website: www.safefintech
Objects for which funds have been raised and where there has been a deviation, in the
following table
Particulars Proceeds (Rs) Utilisation of (Surplus)/Deficit Balance (Rs)
Fund (Rs) transfer to GCP
(Rs)
Offer-related Expenses 78,00,000 58,08,796 (19,91,204) -
in Relation to Fresh
Offer
Building Content Studio 80,00,000 79,86,848 (13,152) -
and Offline Training
Infrastructure
Information Technology 60,00,000 54,29,53 - 5,70,463
(Hardware, including
Software) Procurement
Content Development 50,00,00 52,85,000 2,85,000 -
for Course Material
Enhancement of Brand 35,00,000 41,80,208 6,80,208 -
Visibility and
Awareness
Learning Management 10,00,000 10,00,591 591 -
System (LMS)
Application
Development
General Corporate 75,00,000 85,43,032 10,38,557 (4,475)
Purpose
TOTAL 3,88,00,000 3,82,34,012 0 5,65,988
Notes:
1.The total proceeds allocated towards offer-related expenses in relation to the Fresh Offer amounted
to ₹78,00,000. Out of this, a sum of ₹58,08,796 has been utilized for the intended purposes. The
remaining unutilized amount of ₹19,91,204 represents a surplus, which has been transferred to General
Corporate Purpose (GCP).
2. Amounts of ₹13,152 (building content studio and offline training infrastructure), ₹2,85,000 (content
development for course material), ₹6,80,208 (enhancement of brand visibility and awareness) and ₹591
(LMS application development) have been incurred in excess of the respective allocated amounts,
which have been met from General Corporate Purpose (GCP) funds.
3. The amount allocated towards General Corporate Purpose was ₹75,00,000, against which
₹85,43,032 has been utilized. The excess of ₹10,38,557 has been met from surplus funds transferred
to General Corporate Purpose (GCP).
Deviation or variation could mean:
(a) Deviation in the objects or purposes for which the funds have been raised or
SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
(CIN- L67120RJ2009PLC028237)
Registered Office-Ground Floor, P No. C 373, C Block, Vaishali Nagar, Jaipur – 302021, Rajasthan
Branch Office: A-113, 1st Floor, Lodha Supremus, MIDC, Andheri East, Mumbai – 400093, Maharashtra
Email Id: -info@safefintech.in, Phone No.: - 0141 – 2358107 (JP), +91 86553-84250 (MH), Website: www.safefintech
(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 SODHANI ACADEMY OF FINTECH ENABLERS LIMITED
MONIKA AGARWAL
Company Secretary cum compliance officer
ACS: A55546