NSEStatement of deviation(s) or variation(s) under Reg. 3210 Aug 2026 · 10 Aug 2026, 07:07 pm
Statement of deviation(s) or variation(s) under Reg. 32
The Byke Hospitality Ltd · BYKE
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The Byke Hospitality Ltd has informed the Exchange about a statement of deviation(s) or variation(s) under Reg. 32 regarding the use of proceeds raised through Preferential Issue. The company confirms that there is no deviation or variation in the use of proceeds raised from the objects stated in the Explanatory Statement to the Notice of the Extraordinary General Meeting. A Nil statement of deviation is enclosed as "Annexure A".
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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The Byke Hospitality Ltd has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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THE BYKE HOSPITALITY LIMITED
CIN - L67190MH1990PLC056009
Date: - August 10, 2026
By E-FILING
To, To, To,
Corporate Services Department, Corporate Services Department, Corporate Services Department,
National Stock Exchange of The Bombay Stock Exchange Metropolitan Stock Exchange
India Limited. Limited of India Limited
5th Floor, Exchange Plaza Phiroze Jeejeebhoy Towers, 4th Floor, Vibgyor Towers,
Plot no. C/1, G Block, Dalal Street, Bandra - Kurla Complex,
Bandra - Kurla Complex Mumbai-400 001. Bandra (E), Mumbai - 400 098
Bandra (E), Mumbai - 400 051.
Scrip Code: BYKE Scrip Code: 531373 Scrip Code: BYKE
Sub: Statement of deviation or variation in the use of proceeds raised through Preferential Issue.
Dear Sir/ Madam,
Pursuant to Regulation 32 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations,
2015, read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we, M/s. The
Byke Hospitality Limited, hereby confirm that there is no deviation or variation in the use of proceeds
raised through Preferential Issue of Equity Warrants from the objects stated in the Explanatory
Statement to the Notice of the Extraordinary General Meeting.
A Nil statement of deviation is enclosed as “Annexure A”.
Kindly take this intimation on your record.
Thanking You,
Yours Truly,
For and on behalf of The Byke Hospitality Limited,
Anil Patodia
Chairman and Managing Director
DIN: 00073993
Regd. office: Sunil Patodia Tower, 156-158, Chakravarti Ashok Complex, J.B. Nagar, Andheri (E),
Mumbai - 400 099. INDIA. Tel.: +91 22 67079666
Email: Booking Id: reservations@thebyke.com / Corporate Id: investors.care@thebyke.com
www.thebyke.com
THE BYKE HOSPITALITY LIMITED
CIN - L67190MH1990PLC056009
Annexure A
STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE,
RIGHTS ISSUE, PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS PLACEMENT ETC.
Statement on deviation / variation in utlisation of funds raised
Name of listed entity The Byke Hospitality Limited
Mode of Fund Raising Public Issues / Rights Issues / Preferential Issues / QIP / Others
Date of Raising Funds July 11, 2024 (Date of Allotment)
Amount Raised Rs. 54,95,00,625
Report filed for Quarter June 30, 2026
ended
Monitoring Agency applicable / not applicable
Monitoring Agency not applicable
Name, if applicable
Is there a Deviation / Yes / No
Variation in use of
funds raised
If yes, whether the NA
same is pursuant to
change in terms of a
contract or objects,
which was approved by
the shareholders
If Yes, Date of NA
shareholder Approval
Explanation for the NA
Deviation / Variation
Comments of the Audit No Comments
Committee after review
Comments of the No Comments
auditors, if any
Regd. office: Sunil Patodia Tower, 156-158, Chakravarti Ashok Complex, J.B. Nagar, Andheri (E),
Mumbai - 400 099. INDIA. Tel.: +91 22 67079666
Email: Booking Id: reservations@thebyke.com / Corporate Id: investors.care@thebyke.com
www.thebyke.com
THE BYKE HOSPITALITY LIMITED
CIN - L67190MH1990PLC056009
Objects for which funds have been raised and where there has been a deviation, in the following table
Original Object Modified Original Modified Funds Amount of Remarks,
Object, if Allocation allocation, Utilized as Deviation/ if any
any (Rs. In if any on June 30, Variation for
lakhs)
2026 (Rs. the quarter
In Crores) according to
applicable
object
Repayment of NA NIL 9.07 NIL No
Borrowings Comments
General Corporate NA NIL 45.88 NIL No
Purpose (Working Comments
Capital/Business
Operations)
Total 55.35 54.95
Funds of Rs. 54.95 Crores received as follows out of which no balance is unutilised as on 30.06.2026.
Detail of fund raised on various dates is as follows:
Date on which fund raised (Date of Amount in
Allotment) Rs. Crores
04.01.2024 13.84
01.03.2024 22.95
11.07.2024 18.16
Total Fund Raised 54.95
Regd. office: Sunil Patodia Tower, 156-158, Chakravarti Ashok Complex, J.B. Nagar, Andheri (E),
Mumbai - 400 099. INDIA. Tel.: +91 22 67079666
Email: Booking Id: reservations@thebyke.com / Corporate Id: investors.care@thebyke.com
www.thebyke.com