BSECompany Update5d ago · 6 Aug 2026, 07:29 pm
Statement of deviation(s) or Variation(s) for the Quarter ended June 30, 2026
Advance Agrolife Ltd · 544562
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Advance Agrolife Ltd has submitted a statement confirming no deviation or variation in the utilization of proceeds raised through its IPO for the quarter ended June 30, 2026, as per Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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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Advance Agrolife Ltd - 544562 - Statement Of Deviation(S) Or Variation (S) For Q1 Ended June 30,2026
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ADVANCE
AGROLIFE LIMITEDI
(FORMERLY KNOWN AS ADVANCE AGROLIFE PRIVATE LIMITED)
ADVANCE/SECRETARIAL/2026-27/55 August 06, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai —400 001, Mumbai —400 051,
Maharashtra Maharashtra
Scrip Code:544562 Symbol: ADVANCE
Dear Sir/Madam,
Sub: - Statement of deviation(s) or variation(s) for the quarter ended June 30, 2026 under Regulation 32 of
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations™).
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, a
Statement confirming no deviation or variation in the utilization of proceeds raised through issuance of equity
shares by way of Public Issue-Initial Public offer (‘IPO’) for quarter ended June 30, 2026 is enclosed herewith as
AnnexureI-, in the format as prescribed.
The above is for your information and dissemination.
Thanking you,
Yours Faithfully,
For Advance Agrolife Limited
(Formerly known as Advance Agrolife Private Limited)
NISHA Digitally signed
by NISHA GUPTA
Date: 20260806
GUPTA ssiesos30
Nisha Gupta
Company Secretary & Compliance officer
Membership No. A42708
Encl.: As above
Regd. Office: E-39, RIICO Industrial Area CIN No.: L24121RJ2002PLC017467 Corp. Office : 301, Third Floor 140-B
Bagru-303007 Jaipur Website : www.advanceagrolife.com Pandit Tn Mishra Marg
Rajasthan, India Email : info@advanceagrolife.com Nirman Nagar-302019
ConNo.t: 01a41-4c810t126 Jaipur Rajasthan, India
ADVANCE
AGROLIFE LIMITEDI
(FORMERLY KNOWN AS ADVANCE AGROLIFE PRIVATE LIMITED)
Annexure I
STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE, RIGHTS ISSUE.
PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS PLACEMENT ETC.
Statement on deviation /variation in ufilisation of funds raised
Name ofl isted entity Advance Agrolife Limited
Mode of Fund Raising Public Issue-Initial Public Offer (IPO)
Date of Raising Funds October 06, 2025
Amount Raised (Rs. In Millions) 1928.42 (Fresh Issue)
Report filed for Quarter ended June 30, 2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable Care Ratings Limited
Is there a Deviation / Variation in use of funds No
raised
If yes, whether the same is pursuant to change in | Not Applicable
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 review NiI
Comments of the auditors, if any Nil
Objects for which funds have been raised and where there has been a deviation, in the following table:
Original Object Modifie| Origi | Modified | Funds | Amountof | Remark
d nal allocatio | Utilised | Deviation/ sif
Object,| Alloca | n, if any ‘Variation for any
if any |tion the quarter
according to
Not Applicable
Note: The equity shares of the Company have been listed on BSE Limited and National Stock Exchange of India Limited w.c.f:
October 08, 2025
Deviation or variation could mean:
a) Deviation in the objects or purposes for which the finds have been raised or
b) Deviation in the amount off unds actually utilized as against what was originally disclosed or
©) Change in terms of a contract referved to in the fund raising document i.e. prospectus, letter of offer, etc.
Yours Faithfully,
For Advance Agrolife Limited
(Formerly known as Advance Agrolife Private Limited)
GUPTA 5516 a0
Nisha Gupta
Company Secretary & Compliance officer
Membership No. A42708
Regd. Office: E-39, RIICO Industrial Area CIN No. :124121RJ2002PLCO17467 Corp. Office : 301, Third Floor 140-B
Bagru-303007 Jaipur Websit www.advanceagrolife.com Pandit Tn Mishra Marg
Rajasthan, India Email : info@advanceagrolife.com Nirman Nagar-302019
Contact No. : 0141-4810126 Jaipur Rajasthan, India