Attached herewith is the Statement of Deviation for quarter ended March 31, 2026
DIVGIITTS · price
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Divgi TorqTransfer Systems Limited has filed a statement confirming no deviation in the utilisation of IPO funds for Q4 FY26. The company raised ₹180 crores through its Initial Public Offer on March 14, 2023, out of a total IPO size of ₹412.12 crores. An independent monitoring agency, ICRA Limited, is overseeing the fund utilisation. All fields in the deviation table show NIL, indicating the funds have been deployed according to the original objects stated in the prospectus. This is a standard regulatory compliance filing under SEBI LODR regulations.
Positive signal for shareholders as the company has deployed IPO proceeds as planned without any deviation. No change in fund usage that would require additional disclosure or shareholder approval.