Atlanta Electricals Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
ATLANTAELE · price
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Atlanta Electricals Limited filed its Q2 (Q4 FY26) Statement of Deviation or Variation under SEBI Regulation 32(1). The filing explicitly confirms that there is no material deviation or variation in the utilisation of IPO proceeds during the quarter ended 31 March 2026. All fields in the detailed utilisation table are marked as NA, indicating no funds were deployed or deviated from the original objects during the reporting period. The company secretary, Tejalben Saunakkumar Panchal, signed and submitted the filing digitally on 9 May 2026. This is a routine compliance filing confirming proper use of IPO capital.
No impact on shareholders as the company has confirmed zero deviation in IPO fund utilisation, indicating proceeds are being used as intended per the offer document.