DRC Systems India Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

DRC Systems India Limited has filed a statement of deviation or variation under Regulation 32 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations. This is a mandatory quarterly filing that companies must submit when they have raised money through a public issue, rights issue, preferential allotment, or qualified institutional placement. The statement tells the exchange whether the company used the funds raised from investors for the same purposes it had originally promised in the offer document, or whether there is any difference (deviation) between planned and actual use. The specific details of any deviation, amounts involved, and reasons are contained in the attached statement, which was not included in the headline text. Until the full document is reviewed, the actual quantum of variation — if any — cannot be assessed.