We attach herewith statement of Deviation and variation
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Awaiting price reaction for this filing.
Him Teknoforge has reported a minor reallocation of funds raised through a preferential issue of share warrants (allotted on 27 March 2025). Out of the total Rs. 2,868.60 lakhs earmarked, the company has utilised Rs. 1,740.38 lakhs as of 31 December 2025, including Rs. 717.15 lakhs kept as application money for share warrant subscription. Rs. 100 lakhs has been shifted from Capex (reduced from Rs. 1,147.44 lakhs to Rs. 1,047.44 lakhs) to Working Capital (increased from Rs. 1,004.01 lakhs to Rs. 1,104.01 lakhs). The deviation is within 10% of the original disclosed plan and was already covered in the shareholder notice dated 5 August 2024. The Audit Committee and auditors have raised no comments on the variation.
This is a routine compliance disclosure showing minor portfolio rebalancing between capex and working capital. Since the change is small, within approved limits, and shareholder-approved, it is unlikely to have a material impact on the stock price. Shareholders should note that capex deployment is slower than originally planned, while more funds are being channeled into working capital needs.