BSECompany Update5 Nov 2026 · 5 Nov 2026, 03:27 pm

Statement of Deviation and Variation for the quarter ended 30th September, 2026

JHS Svendgaard Retail Ventures Ltd · 544197

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JHS Svendgaard Retail Ventures Ltd has filed a statement of deviation and variation in the utilization of funds raised through a preferential issue for the quarter ended September 30, 2026. The company has utilized 50% of the funds raised for working capital requirements, 81.51% for capital expenditure, and 0% for general corporate purposes. The statement is available on the company's website.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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JHS Svendgaard Retail Ventures Ltd - 544197 - Statement Of Deviation And Variation For The Quarter Ended 30Th September, 2026

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JHS SVENDGAARD RETAIL VENTURES LIMITED CIN: L52100HR2007PLC093324 To Date: November 05, 2026 The Listing Department The Listing Department Bombay Stock Exchange Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Mumbai – 400001 Mumbai – 400051 Scrip Code: 544197 Trading Symbol: RETAIL Subject: Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter and Half Year ended September 30, 2026. Dear Sir, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the Statement of Deviation or variation of utilization of funds raised through Preferential Issue by the Company, for the Quarter and Half year ended September 30th, 2026 approved by Board of Directors of the Company at its meeting held on November 05th, 2026. This information is available on the website of the Company viz., www.jhsretail.com. Kindly take the same on records. Thanking You, For JHS Svendgaard Retail Ventures Limited Kuldeep Jangir Company Secretary & Compliance officer Encl: A/a Corporate Office: B-1/E-9, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110044. Registered Office: Fifth Floor, Plot No. - 107, Sector-44, Institutional Area, Gurugram, Haryana-122001 E-mail: cs@jhsretail.com Contact No. 011-41422075 JHS SVENDGAARD RETAIL VENTURES LIMITED CIN: L52100HR2007PLC093324 Statement of Deviation / Variation in utilization of Funds Raised Particulars Details Name of listed entity JHS Svendgaard Retail Ventures Limited Mode of Fund Raising Preferential Issue Date of Raising Funds 27th September 2024 Amount Raised Rs. 38.85 crores Report filed for Quarter ended September 30, 2026 Monitoring Agency N.A. Monitoring Agency Name, if N.A. applicable 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 N.A. objects, which was approved by the shareholders If Yes, Date of shareholder Approval N.A. Explanation for the Deviation / Variation Comments of the Audit Committee after review Comments of the auditors, if any NIL Corporate Office: B-1/E-9, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110044. Registered Office: Fifth Floor, Plot No. - 107, Sector-44, Institutional Area, Gurugram, Haryana-122001 E-mail: cs@jhsretail.com Contact No. 011-41422075 JHS SVENDGAARD RETAIL VENTURES LIMITED CIN: L52100HR2007PLC093324 (Rs.In Lakhs) Amount of Deviation/Variati Modified Modified Sr. Original Funds on for the quarter Original Object Object, allocation, No. Allocation Utilized according to if any if any applicable object 1 To meet the Working Capital N.A. 582.85 0.00 50.00 0.00 requirements of the Company. 2 To meet the Capital N.A. 388.56 0.00 81.51 0.00 expenditure needs of the Company (including development, refurbishment and renovation expenses of e xisting assets). 3 To meet fund requirements N.A. 2331.41 0.00 1310.4 0.00 for enhancement of 6 operational capabilities of the Company (organic or inorganic) either through investments, acquisitions, financing of business opportunities, strategic initiatives 4. General Corporate Purpose N.A. 582.85 0.00 166.95 0.00 Corporate Office: B-1/E-9, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110044. Registered Office: Fifth Floor, Plot No. - 107, Sector-44, Institutional Area, Gurugram, Haryana-122001 E-mail: cs@jhsretail.com Contact No. 011-41422075 JHS SVENDGAARD RETAIL VENTURES LIMITED CIN: L52100HR2007PLC093324 Statement of Deviation / Variation in utilization of Funds Raised Particulars Details Name of listed entity JHS Svendgaard Retail Ventures Limited Mode of Fund Raising Preferential Issue Date of Raising Funds 05th March 2025 Amount Raised Rs. 13.14 crores Report filed for Quarter ended September 30, 2026 Monitoring Agency N.A. Monitoring Agency Name, if applicable N.A. 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 N.A. objects, which was approved by the shareholders If Yes, Date of shareholder Approval N.A. Explanation for the Deviation / Variation NIL Comments of the Audit Committee after review Comments of the auditors, if any NIL Corporate Office: B-1/E-9, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110044. Registered Office: Fifth Floor, Plot No. - 107, Sector-44, Institutional Area, Gurugram, Haryana-122001 E-mail: cs@jhsretail.com Contact No. 011-41422075 JHS SVENDGAARD RETAIL VENTURES LIMITED CIN: L52100HR2007PLC093324 (In Lakhs) Amount of Deviation/Variat Modified Modified ion for the Original Original Funds Sr. No. Object, if allocation, quarter Object Allocation Utilized any if any according to applicable object Acquisition or 1 Strategic N.A. 657.00 0.00 250.00 0.00 Investment Business 2 N.A. 328.50 0.00 55.00 0.00 Expansion General 3 corporate N.A. 328.50 0.00 13.02 0.00 purpose Corporate Office: B-1/E-9, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110044. Registered Office: Fifth Floor, Plot No. - 107, Sector-44, Institutional Area, Gurugram, Haryana-122001 E-mail: cs@jhsretail.com Contact No. 011-41422075 JHS SVENDGAARD RETAIL VENTURES LIMITED CIN: L52100HR2007PLC093324 Statement of Deviation / Variation in utilization of Funds Raised Particulars Details Name of listed entity JHS Svendgaard Retail Ventures Limited Mode of Fund Raising Preferential Issue Date of Raising Funds 30th April 2026 Amount Raised Rs. 8.26 crores Report filed for Quarter ended September 30, 2026 Monitoring Agency N.A. Monitoring Agency Name, if N.A. applicable 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 N.A. objects, which was approved by the shareholders If Yes, Date of shareholder Approval N.A. Explanation for the Deviation / Variation Comments of the Audit Committee after review Comments of the auditors, if any NIL Corporate Office: B-1/E-9, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110044. Registered Office: Fifth Floor, Plot No. - 107, Sector-44, Institutional Area, Gurugram, Haryana-122001 E-mail: cs@jhsretail.com Contact No. 011-41422075 JHS SVENDGAARD RETAIL VENTURES LIMITED CIN: L52100HR2007PLC093324 (In Lakhs) Amount of Deviation/Variat Modified Modified ion for the Original Original Funds Sr. No. Object, if allocation, quarter Object Allocation Utilized any if any according to applicable object Business N.A. 206.56 0.00 0.00 0.00 Expansion Acquisition or 2 Strategic N.A. 413.13 0.00 0.00 0.00 Investment General 3 corporate N.A. 206.56 0.00 0.00 0.00 purpose Corporate Office: B-1/E-9, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi-110044. Registered Office: Fifth Floor, Plot No. - 107, Sector-44, Institutional Area, Gurugram, Haryana-122001 E-mail: cs@jhsretail.com Contact No. 011-41422075