Statement of deviation for the quarter ended 31.03.2026
DBEIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deepak Builders filed its Q4 FY26 (quarter ended 31 March 2026) monitoring report for funds raised via a public issue. The company raised Rs. 2600.43 million (fresh issue & OFS) with listing on 28 October 2024. Monitoring is handled by CRISIL Ratings Limited. The filing explicitly states there is NO deviation or variation in the use of funds. Of the Rs. 2172.10 million gross proceeds, Rs. 1962.21 million has been deployed — Rs. 300 million for repayment of borrowings, Rs. 1119.56 million for working capital, Rs. 542.65 million for general corporate purposes, and Rs. 209.21 million for issue expenses. Rs. 0.68 million remains unutilised and is retained in the monitoring account. Both the audit committee and auditors have reported NIL comments.
No deviation detected — funds are being deployed largely as per the prospectus. The small unutilised balance (Rs. 0.68M) is retained properly, indicating compliance. No shareholder concern on capital deployment.