Pursuant to Regulation 32 of the SEBI (LODR), Regulations, 2015, please find attached a Statement of Deviation or Variation for the half year ended 30th September, 2025.
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Awaiting price reaction for this filing.
BLT Logistics has confirmed that there is no deviation or variation in the utilisation of proceeds from its Initial Public Offer, which was allotted on 7 August 2025 and listed on 11 August 2025. The company raised ₹972 lakh through the IPO, with allocation toward capital expenditure for trucks and equipment (₹387.88 lakh), working capital requirements (₹280 lakh), general corporate purposes (₹159.40 lakh), and public issue expenses (₹144.72 lakh). The statement, reviewed by the Audit Committee on 12 November 2025, shows all funds are being used as per the original objects disclosed in the prospectus. Reporting is for the half-year ended 30 September 2025.
This is a routine compliance filing that confirms the company is using IPO proceeds as promised to investors. No negative signals for shareholders, though it is essentially a procedural disclosure with no fresh business or financial information.