Statement of Deviation for the quarter and financial year ended 31.03.2026
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Ampvolts Limited (formerly Quest Softech India Limited) has filed a statement confirming no deviation or variation in the utilisation of funds raised via a Rights Issue. The company raised Rs. 48 crore through a partly-paid rights issue on 23rd February 2024. For the quarter ending 31st March 2026, the statement declares that there is no deviation in how the funds have been used compared to the original objects. No monitoring agency was applicable for this issue. The statement was reviewed by the Audit Committee and approved by the Board on 8th May 2026.
Positive signal for investors — the company has properly deployed the Rs. 48 crore raised and no unexplained variation exists. This is a standard compliance filing confirming fund utilisation is on track.