Divgi Torqtransfer Systems Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
DIVGIITTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Divgi Torqtransfer Systems Limited has filed a Regulation 32(1) compliance statement confirming that there is no deviation or variation in the use of funds raised through its IPO. The company raised ₹180 Crores as the fresh issue portion (out of a total IPO size of ₹412.12 Crores) on March 14, 2023. The filing covers the quarter ended December 31, 2025, and reports NIL deviation across all original objects, allocations, and utilization. ICRA Limited continues as the monitoring agency for the IPO proceeds.
This is a routine quarterly compliance filing with no negative implications. The absence of any deviation signals disciplined and on-track deployment of IPO funds, which is mildly reassuring for shareholders.