Submission of Statement of Deviation for the half year ended 30th September 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dindigul Farm Product Limited has filed a half-yearly statement confirming that there is no deviation or variation in the use of funds raised through its IPO (allotment date 25-June-2024). The company raised Rs. 3,163.00 Lakhs via the IPO across three stated objects: capital expenditure (Rs. 1,212.33 Lakhs), working capital (Rs. 1,384.00 Lakhs), and general corporate purposes (Rs. 566.67 Lakhs). As of 30-Sep-2025, working capital and general corporate purpose funds have been fully utilised, while Rs. 750.44 Lakhs of the Rs. 1,212.33 Lakhs earmarked for capital expenditure has been deployed. The Audit Committee reviewed the statement and confirmed no deviation in fund utilisation. No monitoring agency was appointed for this issue.
This is a routine SEBI compliance disclosure and is broadly positive for shareholders — it confirms IPO proceeds are being used as promised, with no misuse or reallocation. The remaining ~Rs. 461.89 Lakhs for capex is expected to be utilised in coming quarters, which investors may track as a future growth-spend indicator.