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

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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.

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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 [Showing first 8,000 characters — download PDF for full document]