BSECompany Update6d ago · 5 Nov 2026, 06:50 pm
Statement of deviation and Variation for the half year ended on 30th September, 2026
Technichem Organics Ltd · 544327
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Technichem Organics Ltd submitted a statement of deviation and variation for the half year ended on 30th September, 2026, pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company utilized funds raised from an Initial Public Offer (IPO) for various purposes, including setting up a new plant, repayment of borrowings, and general corporate purposes. The funds were utilized in full for these purposes.
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Technichem Organics Ltd - 544327 - Compliances - Statement Of Deviation & Variation
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ztechnichem
TECHNICHEM ORGANICS LT O
[CIN: L24231GJ1996PLC028917]
Registered Office: SthFloor, Malak Complex. 8th. Old High Court, Navrangpura, Ahmedabad-380009, Gujarat, INDIA.
(P)079-27543722 Emailld:technichemorganiCS@gmail.com.info@technichemorganics.com. www.technichemorganics.com
5th November, 2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai -400 001
Company Code No. 544327
SUbject: Submission of statement of Deviation or Variation pursuant to Regulation 32 of the SEBI
(Listing Obligation and Disclosure Requirements) Regulation, 2015 for the half year ended on
30th September, 2026
Dear Sir,
With reference to the captioned subject, pursuant to regulation 32(1) of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed herewith the statement of deviation and
variation for the half year ended on 30th September, 2026.
We hereby request you to take the above information on record.
FOR TECHNICHEM ORGANICS LIMITED
BHARAT J. PANDYA
CHAIRMAN & MANAGING DIRECTOR
(DIN: 00921775)
_.,-.., 1
DR,."
Survey No. 347, Vii: Lunej, Khambhat-Golana Road, Tal. Khambhat, Dist. Anand, Gujarat-388 620.
41:echnichem
TECHNICHEM ORGANICS L TO
[eIN: L24231 GJ1996PLC028917]
Registered Office: SIhFloor, Malak Complex. 8/h. Old High Court, Navrangpura, Ahmedabad-380009, Gujarat, INDIA.
(P)079-27543722 Emailld:technichemorganiCS@gmail.com.info@technichemorganics.com.WW.N.technichemorganics.com
STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE, RIGHTS
ISSUE, PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS PLACEMENT ETC.
Statement on deviation / variation in utilization of funds raised
Technichem Organics Limited
(formerly known as Technichem Organics Private
Name of listed entity
Limited)
Initial Public Offer (IPO)
Mode of Fund Raising
3rd January, 2025
Date of Raising Funds
Rs. 25,24,50,0001-
Amount Raised
30-09-2026
Report filed for Quarter / Half year ended
Not applicable
Monitoring Agency
Not applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of ftmds No
raised
Not applicable
If yes, whether the same is pursuant to change
in terms of a contract or objects, which was
approved by the shareholders
Not applicable
If Yes, Date of shareholder Approval
Not applicable
Explanation for the Deviation / Variation
Comments of the Audit Committee after Not applicable
reVIew
Not applicable
Comments of the auditors, if any
"" ... , ,.~
06'tN2~
Survey No. 347, Vii: Lunej, Khambhat-Golana Road, Tal. Khambhat, Dist. Anand, Gujarat-388 620.
~ technichem TECHNICHEM ORGANICS l TO
[eIN: L24231GJ1996PLC028917]
Registered Office: 5th Floor, Malak Complex. 8/h. Old High Court, Navrangpura, Ahmedabad-380009, Gujarat, INDIA.
(P)079-27543722 Emailld:technichemorganiCS@gmail.com.info@technichemorganics.com. www.technichemorganics.com
Objects for which funds have been raised and where there has been a deviation, in the following table:
Original Object Modifie Original Modified Funds Amount of Remarks if any
d Allocation allocatio Utilized till DeviationNa riati
Object, n, ifany 30-09- on for the quarter
ifany 2026 according to
applicable object
Funding of capital N.A. 703.82 - 703.82 - The Funds have
expenditure requirement been utilized in total
towards Setting up of a
new plant
RepaymentlPrepayment N.A. 1023.51 - 1023.51 - The Funds have
in full or in part of certain been utilized in total
borrowings from banks,
financial and non-
banking financial
companies
General Corporate N.A. 797.17 - 797.17 - The Funds have
Purpose been utilized in
total
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.
FOR TECHNICHEM ORGANICS LIMITED
BHARAT J. PANDYA
CHAIRMAN & MANAGING DIRECTOR
(DIN: 00921775)
Survey No. 347, Vil: Lunej, Khambhat-Golana Road, Tal. Khambhat, Dist. Anand, Gujarat-388 620.