BSECompany Update12 Aug 2026 · 12 Aug 2026, 05:52 pm
Statement of Deviation or Variation for the quarter ended June 30, 2026
R K Swamy Ltd · 544136
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R K Swamy Ltd has filed a statement of deviation or variation for the quarter ended June 30, 2026, confirming that there are no deviations or variations in the utilization of the proceeds of the Initial Public Offer (IPO) from the objects mentioned in the Prospectus dated March 6, 2024.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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R K Swamy Ltd - 544136 - Statement Of Deviation Or Variation For The Quarter Ended June 30, 2026.
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Date: August 12, 2026
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, 5th Floor,
Pheroze Jeejeebhoy Towers, Plot No. C/1, G Block
Dalal Street, Mumbai-400001 Bandra- Kurla Complex, Mumbai-400051
SCRIP Code- 544136 SYMBOL-RKSWAMY
ISIN: INE0NQ801033
Subject: Compliance with Regulation 32(1) of Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”) for the quarter ended June 30, 2026.
Dear Sir/Madam,
Pursuant to Regulation 32(1) of the SEBI Listing Regulations and SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, we hereby confirm that there are
no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Initial Public
Offer (“IPO”) of R K SWAMY Limited (“the Company”) from objects mentioned in the Prospectus
dated March 6, 2024.
A statement confirming that there has been no deviation or variation in the utilisation of these
proceeds for the quarter ended June 30, 2026, as reviewed by the Audit Committee and taken on
record by the Board at their respective meetings held on August 11, 2026 and August 12, 2026,
is attached herewith.
This intimation is also being uploaded on the Company’s website at www.rkswamy.com
You are requested to kindly take the same on record.
Thanking you
For R K SWAMY Limited
Aparna Bhat
Company Secretary & Compliance Officer
Membership No.: A19995
Place: Mumbai
Statement of Deviation / Variation in utilisation of funds raised.
Name of listed entity R K SWAMY Limited
Mode of Fund Raising Public Issue (Initial Public Offering (IPO))
Date of Raising Funds March 08, 2024 (Date of Allotment)
Amount Raised Rs.4,235.60 million
[Issue size comprises of fresh issuance/gross proceeds of
Rs.1,730.00 million and Offer for sale of Rs.2,505.60
million]
Report filed for Quarter ended June 30, 2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CRISIL Ratings Limited
Is there a Deviation/Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms Not Applicable
of a contract or objects, which was approved by the
shareholders
If Yes, Date of shareholder approval Not Applicable
Explanation for the Deviation/Variation Not Applicable
Comments of the Audit Committee after review No Comments
Comments of the auditors if any No Comments
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 if
Object, if Allocation allocation, Utilised Deviation/Variation any
any (Rs. in if any (Rs. in for the quarter
million) million) according to
applicable object
Funding working NA 540.00 NA 540.00 Nil Fully Utilized
capital requirements of in the March,
the Company 2024 quarter
Funding capital NA 109.85 NA Nil Nil No Utilisation
expenditure to be during the
incurred by the quarter
Company for setting up
a DVCP Studio
Funding investment in NA 333.42 NA 143.06 Nil Partially
IT infrastructure utilized
development of the during the
Company, and its quarter
Material Subsidiaries
Hansa Research and
Hansa Customer Equity
Funding setting up of NA 217.36 NA 85.86 Nil Partially
new CEC and CATI of utilized
the Company during the
quarter
General corporate NA 362.62 NA 362.62 Nil Fully Utilized
purposes in the
September,
2024 quarter
Total 1,563.25 1,131.54
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.