BSECompany Update2d ago · 10 Nov 2026, 05:49 pm
Statement of Deviation or Variation for the Qtr ended September 30, 2026
Quadrant Future Tek Ltd · 544336
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Quadrant Future Tek Ltd has submitted a statement confirming no deviation or variation in the utilization of funds raised through Initial Public Offer (IPO) proceeds for the quarter ended September 30, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Quadrant Future Tek Ltd - 544336 - Statement Of Deviation Or Variation For The Qtr Ended September 30, 2026
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QUADRANT FUTURE TEK LIMITED
Registered Office: Village Basma, (on Basma-Jhajjon Road), Tehsil Banur, Distt. Mohali, Punjab (India) -140417
Corporate Office: SCO No. 20-21, Sector 66-A, Airport Road, JLPL, Mohali, Punjab - 160062
CIN: L74999PB2015PLC039758, E-mail: info@quadrantfuturetek.com Tel.: 0172-4020228
Date: November 10, 2026 Ref: Quadrant/SE/2026-27/37
To To
National Stock Exchange of India Ltd., BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street
Bandra (E), Mumbai – 400 051 Mumbai – 400001
NSE Scrip Symbol: QUADFUTURE Scrip Code: 544336
Subject: Statement of Deviation or Variation in utilization of funds raised through Initial
Public Offer (IPO) for the quarter ended September 30, 2026.
Respected Sir/ Ma’am,
Pursuant to the provisions of Regulation 32 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the
statement confirming that there is no deviation or variation in the utilization of funds raised
through Initial Public Offer (IPO) proceeds for the quarter ended September 30, 2026.
You are requested to take the same on record.
Thanking You,
Yours Faithfully,
For Quadrant Future Tek Limited
Digitallysignedby
PUNEET
PUNEETKHURANA
KHURANA 7=t2eé=2001266é)O
Puneet Khurana
Company Secretary & Compliance Officer
M. No. A43395
Encl.: As above
-.-~:JL" QUADRANT FUTURE TEK LIMITED
RegisteredOffice:VillageBasma,(onBasma-JhajjonRoad),TehsilBanur.Distt.Mohali.Punjab(India)-140417
CorporateOffice:SCONo.20-21,Sector66-A,AirportRoad,JLPL,Mohali,Punjab-160062
CIN:L74999PB2015PLC039758,E-mail:info@quadrantfuturetek.comTel.~0172-4020228
Amountin(Millions)
Statementon Deviation orVariation for proceeds ofPublic Issue, Rights Issue, Preferential
Issue,QualifiedInstitutionsPlacementEtc.(1)
ModeofFundRaising PublicIssues
DateofRaising Funds 10-01-2025
AmountRaised 2900.00
ReportfiledforQuarterended 30-09-2026
MonitoringAgency Applicable
MonitoringAgencyName, ifapplicable CARE
Istherea Deviation/Variationinuseoffundsraised No
Ifyes whetherthesameispursuanttochangeintermsofacontractor
NotApplicable
objects,whichwasapprovedbytheshareholders
IfYes DateofshareholderApproval NotApplicable
ExplanationfortheDeviation/Variation NotApplicable
CommentsoftheAuditCommitteeafterreview NoComments
Commentsoftheauditors, ifany NoComments
ForQuadrantFutureTekLimited
ChiefFinancialOfficer
QUADRANT FUTURE TEK LIMITED
RegisteredOffice:VillageBasma,(onBasma-JhajjonRoad).TehsilBanur.Distt.Mohali,Punjab(India)-140417
CorporateOffice:SCONo.20-21,Sector66-A,AirportRoad,JLPL,Mohali,Punjab-160062
CIN:L74999PB20i5PLC039758,E-mail:info@quadrantfuturetek.comTel.:0172-4020228
Amountin Millions
Sr. OriginalObject Modified Original Modified Funds Amountof Remarksifany
Object, if Allocation allocation,if Utilised DeviationNariationfor
any any thequarteraccording
toapplicableobject
1 Issue Related Not 292.2 272.30 272.30 Nil
Expenses Applicable
2 Funding long- term Not 1497.2 1497.20 1497.20 Nil
working capital Applicable
requirements ofour
company(Speciality
cabledivision)
3 Capital expenditure Not 243.8 243.80 16.5 Nil
requirements for Applicable
development of
Electronic
interlockingsystem
4 Full or part Not 236.2 236.10 236.10 Nil
repayment and/or Applicable
prepayment of
certain outstanding
workingcapitalterm
loan availed by our
company
5 General Corporate Not 630.6 650.60 650.60 Nil
Purpose Applicable
QUADRANT FUTURE TEK LIMITED
RegisteredOffice:VillageBasma,(onBasma-JhajjonRoad),TehsilBanur,Distt.Mohali,Punjab(India)-140417
CorporateOffice'SCONo.20-21,Sector66-A,AirportRoad,JLPL,Mohali,Punjab-160062
CIN:L74999PB2015PLC039758,E-mail:info@quadrantfuturetek.comTel.:0172-4020228
Deviationorvariationcouldmean:
(a) Deviationintheobjectsorpurposesforwhichthefundshavebeenraisedor
(b) Deviation in the amount offunds actually utilized as againstwhat was originally disclosed or (c) Change in terms of a contract
referredtointhefund-raisingdocumenti.e. prospectus, letterofoffer, etc.
ForQuadrantFutur ekLimited
'QURE
AmiltGaTlr\ (5
ChiefFinanci
Date: November10,2026
Place: Mohali