BSECompany Update10 Aug 2026 · 10 Aug 2026, 05:23 pm
Statement of Deviation and Variation for quarter ended 30th June 2026
Chatterbox Technologies Ltd · 544546
✦ AI Summary
Chatterbox Technologies Ltd has filed a statement of deviation and variation in the utilization of funds raised through its initial public offer for the quarter ended June 30, 2026. The company has reported delays in the utilization of funds allocated for capital expenditure, brand building, and meeting incremental working capital requirements. The deviations are attributed to various reasons such as delayed onboarding of candidates, longer-than-anticipated procurement of hardware and software, and delayed payment terms for contracts.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Chatterbox Technologies Ltd - 544546 - Statement Of Deviation And Variation For Quarter Ended 30Th June, 2026
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Ref. No. CTL/17/2026-27/BSE Date: 10th August, 2026
The Manager
Corporate Services
The Listing Department
Bombay Stock Exchange Limited
Phiroz Jeejeebhoy Towers, Dalal Street,
Mumbai 400 001
Scrip Code: 544546
Dear Sir/Madam,
Subject: Statement of Deviation/Variation in utilization of funds raised through Initial Public Offer
for the quarter ended on June 30th, 2026 pursuant to Regulation 32(1) of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015.
With reference to captioned subject and pursuant to Regulation 32 (1) of SEBI (Listing Obligations and
Disclosure requirements) Regulations, 2015, please find enclosed herewith statement of
Deviation/variation in utilization of funds raised through Initial Public Offer for quarter ended on June
30th, 2026.
We would hereby further inform you that the said statement is reviewed by the Audit Committee in its
meeting held on Thursday, July 30th, 2026.
Kindly take the same on your record and oblige us.
Yours faithfully,
For CHATTERBOX TECHNOLOGIES LIMITED
RAJNANDAN MISHRA
MANAGING DIRECTOR
(DIN: 10815241)
Unit No. 1101 & 1102, 11th Floor, Lotus signature, Off Veera Desai Road, Andheri West, Mumbai -400053
| www.chtrbox.com| CIN: L93000MH2016PLC273833
Email ID: info@chtrbox.com Tel: +91 22 4451 4288
Statement of Deviation / Variation in utilisation of funds raised
Name of listed entity Chatterbox
Technologies
Limited
Mode of Fund Raising Public Issues /
Rights Issues /
Preferential Issues
/ QIP / Others
Date of Raising Funds Issue Opened on:
Thursday,
September 25, 2025
Issue Closed on:
Monday, September
29, 2025
Amount Raised Rs. 42.86 Crores
Report filed for quarter year ended June 30th, 2026
Monitoring Agency Applicable
Monitoring Agency Name, if Acuite Ratings and
applicable Research Limited
Is there a Deviation / Variation in use No
of funds raised
If yes, whether the same is pursuant Not Applicable
to change in terms of a contract or
objects, which was approved
by the shareholders
If Yes, Date of shareholder Approval Not Applicable
Explanation for the Deviation / Not Applicable
Variation
Comments of the Audit Committee No Comments
after review
Comments of the auditors, if any No Comments
Unit No. 1101 & 1102, 11th Floor, Lotus signature, Off Veera Desai Road, Andheri West, Mumbai -400053
| www.chtrbox.com| CIN: L93000MH2016PLC273833
Email ID: info@chtrbox.com Tel: +91 22 4451 4288
Objects for which funds have been raised and were there has
been a deviation, in the following table
Original Object Modified Object, if Origi Modified Funds Amount of Remarks if any
any nal allocation, if Utilise Deviation/Var
Alloca any d iation for the
tion quarter
Comments of the Comments of the
according
to applicable Monitoring Agency Issuer’
object Comments of the
Issuer’s Board of
Directors
s Board of Directors
Funding Capital expenditure for Not Applicable 11.07 Not Applicable 1.59 No Deviation/ Progress is delayed. As The Company is in
Existing business Variation per the Prospectus, INR the process of
8.50 crores were hiring for the
proposed for utilisation positions identified
by March 31, 2026, in the Prospectus;
towards stated object. however,
onboarding
suitable candidates
is taking longer
than anticipated.
Consequently, the
procurement of
hardware &
software and the
proposed co-
working space
arrangements at
Bengaluru
(Bellandur) and
Delhi (Connaught
Place) have
also been deferred,
as these
requirements are
linked to
Unit No. 1101 & 1102, 11th Floor, Lotus signature, Off Veera Desai Road, Andheri West, Mumbai -400053
| www.chtrbox.com| CIN: L93000MH2016PLC273833
Email ID: info@chtrbox.com Tel: +91 22 4451 4288
manpower
expansion and
operational
scaling.
Funding Capital expenditure for Not Applicable 7.14 Not Applicable 6.57 No Deviation/ Progress is delayed. As The Company has
setting up an additional office cum Variation per the Prospectus, INR taken the proposed
setting up a new studio 7.09 crores were office premises on
proposed for utilisation lease and payments
by March 31, 2026, shall be made as
towards stated object. per the lease
agreement tenure.
The setup of the
office space for
day-to-day
operations has
been substantially
completed and
major payments
have been made,
with a small
amount retained
for minor pending
work. Further, the
proposed
studio setup has
been completed
and full payment
has been made.
The Company has
also received a
discount against
the estimated
amount mentioned
in the Prospectus
for the studio setup
Unit No. 1101 & 1102, 11th Floor, Lotus signature, Off Veera Desai Road, Andheri West, Mumbai -400053
| www.chtrbox.com| CIN: L93000MH2016PLC273833
Email ID: info@chtrbox.com Tel: +91 22 4451 4288
and the resultant
unutilised amount
is proposed to be
transferred to
General Corporate
Purpose.
Funding Capital expenditure for Not Applicable 5.02 Not Applicable 2.34 No Deviation/ Progress is delayed. As The utilisation
Brand Building of our own Variation per the Prospectus, INR towards the stated
Company 4.18 crores were object has been
proposed for utilisation delayed compared
by March 31, 2026, to the timeline
towards stated object. mentioned in the
Prospectus, as the
underlying
contract is for a
period of 12
months
commencing from
December 2025.
Accordingly, the
utilisation shall
take place
progressively over
the tenure of the
contract in line
with the agreed
payment terms.
Meeting the incremental working Not Applicable 6.33 Not Applicable 6.31 No Deviation/ The issuer has not The Company
capital requirements of our Variation completed utilisation of has utilised INR
company funds within the 6.31 crores out of
proposed the proposed
implementation utilisation of INR
timeline ending March 6.33 crores
31, 2026, resulting in a towards meeting
Unit No. 1101 & 1102, 11th Floor, Lotus signature, Off Veera Desai Road, Andheri West, Mumbai -400053
| www.chtrbox.com| CIN: L93000MH2016PLC273833
Email ID: info@chtrbox.com Tel: +91 22 4451 4288
delay of three months the incremental
as on June 30, 2026. working capital
Accordingly, this requirements.
constitutes a deviation The balance
from the schedule amount of INR
specified in the offer 0.02 crores
document. remains
unutilised as on
date due to
phased
deployment of
funds and is
expected to be
utilised in due
course in line
with business
requirements.
General Corporate Purposes Not Applicable 5.67 Not Applicable 0.85 No Deviation/ No funds were utilized The utilisation
Variation towards this object towards General
during the reporting Corporate
period. Further, the Purposes has been
utilization remains undertaken based
incomplete beyond the on the Company’s
proposed business
implementation requirements and
timeline of March 31, operational
2026, resulting in a priorities from time
delay of three months as to time, in line with
of June 30, 2026. the objects stated
in the Prospectus.
Accordingly, this Accordingly, the
constitutes a deviation balance amount
from the schedule remains pending
disclosed in the offer for utilisation as on
document. date and shall be
deployed
Unit No. 1101 & 1102, 11th Floor, Lotus signature, Off Veera Desai Road, Andheri West, Mumbai -400053
| www.chtrbox.com| CIN: L93000MH2016PLC273833
Email ID: info@chtrbox.com Tel: +91 22 4451 4288
progressively
towards eligible
general corporate
purposes in the
ordinary course of
business.
Issue Related Expenses Not Applicable 7.64 Not Applicable 7.64 No Deviation/ -- --
Variation
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 CHATTERBOX TECHNOLOGIES LIMITED
RAJNANDAN MISHRA
Managing Director
(DIN: 10815241)
Unit No. 1101 & 1102, 11th Floor, Lotus signature, Off Veera Desai Road, Andheri West, Mumbai -400053
| www.chtrbox.com| CIN: L93000MH2016PLC273833
Email ID: info@chtrbox.com
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