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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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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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.