BSECompany Update4d ago · 8 Aug 2026, 05:49 pm
Statement of Deviation or variation in utlization of funds for the quarter ended 30th June 2026.
Udayshivakumar Infra Ltd · 543861
✦ AI SummaryResults
Udayshivakumar Infra Ltd has filed a 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 ended 30th June 2026. The company has utilized INR 484.16 lakhs for funding incremental working capital requirements, INR 4500.00 lakhs for general corporate purposes, and INR 1028.95 lakhs for other purposes. The unutilized proceeds have been temporarily invested/parked in bank accounts and deposits with State bank of India.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Udayshivakumar Infra Ltd - 543861 - Statement Of Deviation Or Variation In Utilization Of Funds.
Attachments (1)
📄pdf
Download →
78052e39-f41b-4096-8ca2-19bfd5fd4b76.pdf
View document text
UDAYSHIVAKUMAR INFRA LIMITED
(Formerly known as UDAYSHIVAKUMAR INFRA PRIVATE LIMITED)
Registered office: 1924A/196, Banashankari Badavane,
Near Nh-4 Bypass Davangere Karnataka India- 577005
CIN: L45309KA2019PLC130901 Email Id: cs@uskinfra.com
Website: www.uskinfra.com Telephone No: +918192297009
Date: 08.08.2026
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze]eejeebhoy Towers Exchange Plaza,
25th Floor, Dalal Street, Bandra- Kurla Complex,
Mumbai- 400001 Sandra (E), Mumbai - 400051
BSE SCRIP CODE: 543861 NSE EQUITY SYMBOL: USK
ISIN: INEONOY01013
Dear Sir/Madam,
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 ended
30t June 2026.
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 in
utilization of funds raised through Initial Public Offering (IPO) by the Company, for the Quarter
ended 30% June 2026.
Please take the above information on record.
Yours faithfully,
For Udayshivakumar Infra Limited
Sneha Digitally signed by
Sneha Prashant Sawant
Prashant g% caos
Sawant 15172440530
Sneha Prashant Sawant
Company Secretary
A59900
UDAYSHIVAKUMAR INFRA LIMITED
(Formerly known as UDAYSHIVAKUMAR INFRA PRIVATE LIMITED)
Registered office: 1924A/196, BanashankariBadavane,
Near Nh-4 Bypass Davangere Karnataka India- 577005
CIN: L45309KA2019PLC130901 Email Id: cs@uskinfra.com
Website: www.uskinfra.com Telephone No: +918192-297009
Annexur-e A
Statement of Deviation / Variation in utilisation of funds raised
Name of listed entity UDAYSHIVAKUMAR INFRA LIMITED
Mode of Fund Raising Public Issues /-Rights
Issues-/-Preferentiallssues
/-QIP-/-Others
INITIAL PUBLIC ISSUE
Date of Raising Funds 1,88,57,142 equity shares
on the basis of allotment finalized by the
designated stock exchange on March 29,
2023, and allotment approved by the
Board Meeting resolution dated March
29,2023
Amount Raised INR 6,599 Lakhs
Report filed for Quarter ended 30t June, 2026
Monitoring Agency Not applicable
Monitoring Agency Name, if applicable Not applicable
Is there a Deviation / Variation in use of funds | No
raised
If yes, whether the same is pursuant to changein | NA
terms of a contract or objects, which was
approved by the shareholder
If Yes, Date of shareholder Approval NA
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Objects for which funds have been The Company proposes to utilize the Net
raised and where there has been a deviation, in Proceeds from the Issue towards funding
the following table the following objects —
a. Funding incremental working capital
requirements of our Company;
b. General corporate purposes.
Original Modified | Original | Modified |Funds | Amounotf Remarks
Object Object, if | Alloca- Alloca- Utilised | Deviation/ if
any tion tion, Variatifoonr | any
if any the quarter
according
to applicable
object
Issue Not 484.16 Not | 484.16 | Notapplicable NA
Expenses applicable Lakhs | applicable Lakhs
Funding Not | 4,500.00 Not | 4500.00 | Notapplicable NA
incremental applicable Lakhs | applicable Lakhs
working
capital
requirements
of our
Company
General Not | 1,615.84 Not | 1,028.95 | Not applicable NA
corporate applicable Lakhs | applicable Lakhs
purposes
During the quarter ended 313t March 2023, the Company has completed its Initial Public Offer
("IPO") of 1,88,57,142 equity shares on the basis of allotment finalized by the designated stock
exchange on March 29, 2023, and allotment approved by the Board Meeting resolution dated
March 29, 2023 at a price ofX 35/- per Equity Share (includinga share premium ofX 25/- per
Equity Share) aggregating to X INR 6,599 Lakhs. The Company got listed with BSE Limited and
National Stock Exchange of India Limited on 034 April,2023. The issue was made in
accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as
amended. The unutilised proceeds has been temporarily invested/parked in bank accounts
and deposits with State bank of India.
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 Udayshivakumar Infra Limited
SHEETALKUMAR MOHANRAO KODACHAWAD
Chief Financial Officer