BSECompany Update3d ago · 11 Aug 2026, 06:28 pm
Attached herewith is the Statement of Deviation for quarter ended June 30, 2026
DIVGI TORQTRANSFER SYSTEMS Ltd · 543812
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Divgi TorqTransfer Systems Ltd has submitted a Statement of Deviation for the quarter ended June 30, 2026, under Regulation 32 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, disclosing no deviation or variation in the utilization of funds raised through its Initial Public Offer.
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Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10
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DIVGI TORQTRANSFER SYSTEMS Ltd - 543812 - Attached Herewith Is The Statement Of Deviation For Quarter Ended June 30, 2026
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Divgi TorqTransfer Systems Limited
Divgi TorqTransfer Systems CIN: L32201MH1964PLC013085
75, General Block, MIDC, Bhosari,
Pune 411 026, India
Tel: (+91-20) 63110110
Web: www.divgi-tts.com
DTTS/Sec/26-27/31
August 11, 2026
To, To,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, "Exchange Plaza" 5th Floor,
Dalal Street, Mumb ai - 400001 Plot No. C-1, G Block,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400051
BSE Scrip Code – 543812 NSE Scrip Code - DIVGIITTS
Sub: Regulation 32 (1) - Statement of deviation(s) or variation(s).
Dear Sir / Madam,
Pursuant to the provisions of Regulation 32 (1) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 please find enclosed herewith a Statement on Deviation(s)
or Variation(s) in utilization of funds raised through Initial Public Offer, for the quarter ended
on June 30, 2026.
You are requested to take the same on your record.
Thanking you,
For Divgi TorqTransfer Systems Limited
Aniket Kokane
Company Secretary and Compliance Officer
A51571
Enclosure: As above
Annexure A
Statement of Deviation / Variation in utilisation of funds raised
Name of listed entity Divgi TorqTransfer
Systems Limited
Mode of Fund Raising Public Issue
Date of Raising Funds March 14, 2023
Amount Raised ₹ 180 Crores
(Fresh Issue Portion
out of total IPO of
₹412.12 Crores)
Report filed for Quarter ended June 30, 2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable ICRA Limited
Is there a Deviation / Variation in use of No
funds raised
If yes, whether the same is pursuant to NA
change in terms of a contract or objects,
which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after -
review
Comments of the auditors, if any -
Objects for which funds have been raised -
and where there has been a deviation, in
the following table
Original Object Modified Object, if Original Modified Funds Amount of Remarks, if
any Allocation allocation, Utilised Deviation/Variation any
if any for the quarter
according to
applicable object
NIL NIL NIL NIL NIL NIL NIL
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 Divgi TorqTransfer Systems Limited
Name of the Signatory: Aniket Kokane
Designation: Company Secretary and Compliance Officer