BSECompany Update5d ago · 8 Aug 2026, 07:55 pm

Statement of deviation for the quarter ended June 30, 2026

Methodhub Software Ltd · 544637

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Methodhub Software Ltd has filed a statement of deviation for the quarter ended June 30, 2026, confirming no deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) from the objects stated in the Prospectus.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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Methodhub Software Ltd - 544637 - Statement Of Deviation For The Quarter Ended June 30, 2026

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Date: August 08, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai – 400001 Scrip Code – 544637 Dear Sir/Madam, Sub: Statement of Deviation or Variation in the use of proceeds of Initial Public Offer (IPO) Dear Sir/Ma’am, Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015 read with SEBI Circular No. CIR/CFD/CMDI/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) from the objects stated in the Prospectus dated December 10, 2025. A Statement of Deviation or Variation duly reviewed and approved by the Audit Committee for the quarter ended June 30, 2026, is attached herewith. The above report is also available on the Company's website at https://methodhub.in/ You are requested to kindly take the aforesaid on your record. This is for your information and records. For Methodhub Software Limited Muthukrishnan Shanmuga Thevar Company Secretary and Compliance officer Membership No. A61530. MethodHub Software Limited (Formerly known as MethodHub Software Private Limited) CIN: L74900KA2016PLC085743 Reg Office: Unit No.109, 1st Floor, Prestige Meridian-1 No.29, M.G.Road, Bangalore, Karnataka, India, 560001 Phone: +91 80-40979238  Email id: info@methodhub.in  Website: www.methodhub.in www.method-hub.com STATEMENT OF DEVIATION OR VARIATION IN UTILIZATION OF FUNDS RAISED THROUGH INITIAL PUBLIC OFFER (IPO): Name of Listed Entity Methodhub Software Limited Public Issue i.e. Fresh Issue and Offer for Mode of Fund Raising Sale of Equity shares Date of Raising Funds December 12, 2025 Amount (in Particulars crores) (Rounded off) Issue Size = Fresh Issue + 102.49 = 87.50 Offer for Sale + 14.99 Amount Raised Expenses incurred related to 14.30 IPO issue Net Proceeds available for 87.49 utilization Report filed for quarter/half year Ended June 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable Brickwork Ratings India Private Limited If there is Deviation/Variation in use of funds raised If yes whether the same is pursuant to change in terms of contract or objects, which was Not Applicable approved by Shareholders If yes, Date of Shareholders Approval Not Applicable Explanation of Deviation/Variation Not Applicable Comment of Audit Committee after review No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised in the IPO and details of deviation, if any, in the following table: Modified Amount of Original Funds Modified Allocation, Deviation/Variation Original Allocation Utilised Remarks, Object, if if any for quarter/half Object (Rs. in (Rs. in if any any (Rs. in year according to crores) crores) crores) applicable object Repayment and / or prepayment in full of certain outstanding No No loans Not 13.6 Modified 13.6 deviation/variation (including Applicable Allocation in utilization of No foreclosure funds raised through Comments charges if Initial Public Offer any) availed (IPO) by Company Augmentation No of long-term 25.00 Modified 13.50 Applicable working Allocation MethodHub Software Limited (Formerly known as MethodHub Software Private Limited) CIN: L74900KA2016PLC085743 Reg Office: Unit No.109, 1st Floor, Prestige Meridian-1 No.29, M.G. Road, Bangalore, Karnataka, India, 560001 Phone: +91 80-40979238  Email id: info@methodhub.in  Website: www.methodhub.in www.method-hub.com capital requirements of our Company Investment in wholly owned subsidiary MethodHub Consulting Inc. (USA) Not 4.00 Modified 4.00 for Applicable Allocation augmentation of long-term working capital requirements Unidentified inorganic Not 30.59 Modified 18.97 acquisitions Applicable Allocation and GCP Issue Not 14.30 Modified 14.23 expenses Applicable Allocation TOTAL 87.49 64.3 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. Thanking you, For & on behalf of METHODHUB SOFTWARE LIMITED (Formerly known as Methodhub Software Private Limited MUTHUKRISHNAN SHANMUGA THEVAR Company Secretary and Compliance Officer Membership No. A61530 Date: August 08, 2026 MethodHub Software Limited (Formerly known as MethodHub Software Private Limited) CIN: L74900KA2016PLC085743 Reg Office: Unit No.109, 1st Floor, Prestige Meridian-1 No.29, M.G. Road, Bangalore, Karnataka, India, 560001 Phone: +91 80-40979238  Email id: info@methodhub.in  Website: www.methodhub.in www.method-hub.com