NSEStatement of deviation(s) or variation(s) under Reg. 326d ago · 13 Aug 2026, 09:37 pm

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

Shradha Realty Limited · SHRADHA

✦ AI SummaryResults

Shradha Realty Limited has informed the Exchange about a statement of deviation(s) or variation(s) under Reg. 32, regarding the utilization of issue proceeds from a Right Issue of equity shares aggregating to 121.50 Crores. The company has utilized the proceeds as per the stated objects, with no deviation or variation in the amount of funds actually utilized as against what was originally disclosed.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

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

Attachments (1)

📄

SHRADHA_13082026213645_StatementofDeviation.pdf

pdf

Download →
View document text
Through Online Filing Thursday, 13th August, 2026 Ref. SIL/CS/547 The Manager - Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1, Block –G, Bandra Kurla Complex, Bandra (East), Mumbai- 400051 Symbol: SHRADHA ISIN: INE715Y01031 Subject: Disclosure Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 ('Listing Regulations') for the First Quarter ended June 30, 2026 - Statement indicating utilization of issue proceeds and/or material deviation variation Dear Sir / Madam, In continuation of our earlier intimation bearing reference no. SIL/CS/544 dated Thursday, 13th August, 2026, please find attached herewith Disclosure Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 ('Listing Regulations') for the First Quarter ended June 30, 2026 - Statement indicating utilization of issue proceeds and/or material deviation variation It is requested to place the aforesaid information on records. For Shradha Realty Limited (Formerly, Shradha Infraprojects Limited) Shrikant Huddar Company Secretary & Compliance Officer (ICSI Membership No. A38910) Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1) Mode of Fund Raising Rights Issues Description of mode of fund raising (Applicable in case of others is selected) Date of Raising Funds 06-10-2025 Amount Raised 12150.00 Report filed for Quarter ended 30-06-2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable Brickwork Ratings India Pvt Ltd Is there a Deviation / Variation in use of funds raised If yes, whether the same is pursuant to 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: Amount of Modified Original Funds Deviation/Variation for the Remarks Sr. Original Object Modified Object, if any allocation, Allocation Utilised quarter according to if any if any applicable object 1 Investment by way of loan (Debt) to our wholly No 7500.00 0.00 7500.00 0.00 owned subsidiary 2 Working Capital Requirements No 1650.00 0.00 1369.11 0.00 3 General corporate purpose No 2950.00 0.00 2936.00 0.00 4 Issue Expenses No 50.00 0.00 30.00 0.00 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, Signatory Details Name of signatory Nitesh Sanklecha Designation of person Managing Director Place Nagpur Date 13-08-2026 1st Floor, VCA Complex, V. K. SURANA & CO. Civil Lines, Nagpur – 440 001. Chartered Accountants ( +91-9765437000, +91-712- 2997550 / 51 M office@vksca.com CERTIFICATE The Board of Directors Shradha Realty Limited, (Formerly known as Shradha Infraprojects Limited) Shradha House, Near Shri Mohini Complex Kingsway, Block No. FI8, Nagpur 440001, Maharashtra, India. We have viewed the documents and records as produced before us by the management of Shradha Realty Limited (Formerly known as Shradha Infraprojects Limited) ("the Company") for the utilization of proceeds from the Right issue of equity shares aggregating to 12149.64 Lakhs (121.50 Crores). The utilization has been made in accordance with the stated objects as mentioned in the Offer Document. The details of the utilization and unutilized proceeds as on June 30, 2026 are as under: Purpose Proposed () Utilized upto Utilized in Qtr. Balance as on March 31 Ended June 30 June 30 2026 2026 () 2026 (7) (3) Investment by way of 75,00,00,000.00 75,00,00,000.00 0.00 0.00 Loan (Debt) to our wholly owned subsidiary Working Capital 16,50,00,000.00 10,61,10,724.43 3.07,10,613.00 2.81.78.662.57 Requirements General Corporate 29,50,00,000.00 29.36.30.698.37 0.00 13.69.301.63 Purpose Issue related expenses 49.63.520.00 30,03,521.00 0.00 19.59.999.00 Total 1,21,49,63,520.00 1,15,27,44,943.80 3,07,10,613.00 3,15,07,963.20 Details of deployment of unutilized proceeds: S. Instrument & Amount Maturity Earnings Return on Market Value No. Entity Invested () Date (2) investment as at end of (%) the June 30, 2026 () 1 ICICI Bank- FD 2,75,00,000 18-07-2026 Nil 4.50 624210027656 ICICI Bank - 34.89,043.00 Nil NiL Nil 34.89,043.00 Right Issue Allotment Account (000405164446) 2 ICICI Bank - 34,39,128.20 Nil Nil Nil 34,39,128.20 Monitoring Account (624205024929) Based on our review and as per statement received from companies' Board of Directors, we confirm that the SURAMA &C O. F.lo. 110634W ACCOUNTA Company has utilized the proceeds of the issue as per the stated objectives mentioned in the Offer Document and no other purpose has been approved by the Board separately as on 30 June 2026. The details of utilization of issue proceeds as per the stated purpose in the offer document in the table given below - This is as per the withdrawal entries as per the bank statement a. ICICI bank – Right Issue Allotment Account -000405164446 Amount Narration for nature of transaction 0.00 NIL b. ICICI bank - Monitoring account -624205024929 Amount Narration for nature of transaction 3,07,10,613.00 Working Capital Requirement 5.00.00,000.00 2 Fixed Deposits Matured (FD No: 624210026582 & FD No: 624210026651 ). 25.00,000.00 1 Fixed Deposits Partially Matured (FD No: 624210027656) 12.73.540.00 nterest earned on all FD matured in this quarter. -17,614.00 TDS on Interest Earned in this quarter 3.00.00.000.00 1 New FDR Made (FD No: 624210027656) This certificate is being issued at the request of the Company for submission to the Monitoring Agency and Stock Exchanges only. For V. K. Surana & Co. sURANA Chartered Accountants F.R.No. Firm Reg No.110634W 110634W toelan. SRED CCOUNTAN Suresh Galani Partner Membership No. 168192 Nagpur, August 12, 2026 UDIN -26168192TPLLYX3691