NSEStatement of deviation(s) or variation(s) under Reg. 326d ago · 12 Aug 2026, 07:39 pm

Statement of deviation(s) or variation(s) under Reg. 32

Orient Technologies Limited · ORIENTTECH

✦ AI SummaryFundraise

Orient Technologies Limited has informed the Exchange about a deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) during the quarter ended on June 30, 2026. The deviation is related to the objects for which funds have been raised and the amount of funds actually utilized.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Orient Technologies Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

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Orient97_12082026193926_StatementofDeviation_Q1_FY27_SIGNED.pdf

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Date: August 12, 2026 To, To, The Manager The Manager Listing Department Listing Department Bombay Stock Exchange (BSE) National Stock Exchange (NSE) Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street Plot No. C/1, G-Block Mumbai - 400 001 Bandra-Kurla Complex Scrip Code: 544235 Bandra (E), Mumbai - 400 051 Symbol: ORIENTTECH SUB: DISCLOSURE IN TERMS OF REGULATION 32(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 Dear Sir/Madam, Pursuant to Regulation 32(1) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, read with related SEBI Circular, we hereby confirm that there is a deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) of the Company during the quarter ended on June 30, 2026. Please find enclosed herewith a statement in this regard. Kindly take the same on your records. For ORIENT TECHNOLOGIES LIMITED (formerly known as Orient Technologies Private Limited) Ajay Baliram Sawant Chairman and Managing Director DIN:00111001 Name of Listed Entity ORIENT TECHNOLOGIES LIMITED Mode of Fund Raising Public Issue Date of Fund Raising August 28, 2024 Amount Raised Rs. 214.76 crore Issue size comprises of fresh issue / gross proceeds of Rs 120.00 Crore (Net proceeds of Rs 107.93 Crore) and an offer for sale of Rs. 94.76 Crore. Report filed for Quarter ended June 30, 2026 Monitoring Agency Applicable Monitoring Agency Name, if Applicable CARE Rating Limited Is there a deviation / variation in use of funds No raised If yes, whether the same is pursuant to changes in Not Applicable as no material deviation terms of a contract or objects, which was approved by the shareholders If Yes, Date of Shareholders Approval Not Applicable as no material deviation Explanation for the Deviation/Variation NA Comments of the Audit Committee after review NA Comments of the auditors, if any NA Deviation or variation could mean: OBJECTS FOR WHICH FUNDS HAVE BEEN RAISED AND WHERE THERE HAS BEEN A DEVIATION, IN THE FOLLOWING TABLE Original Objects Modified Original Modified Funds Amount of Remarks if any Objects, if Allocation Allocation utilized Deviation any In Crore , If any In Crore /Variation for the Quarter according to applicable object Acquisition of office NA 10.35 NA 10.35 - - premise at Navi Mumbai Funding of capital NA 79.65 NA 45.05 - - expenditure requirements General corporate NA 17.93 NA 17.93 - - purposes Issue expenses NA 12.07 NA 7.76 - - Total 120.00 81.09 - 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 (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc.