Please find enclosed a statement of Deviation or Variation for the quarter ended March 31, 2026 as reviewed and approved by the Audit Committee of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
iCodex Publishing Solutions Limited has filed a Statement on Deviation or Variation for its IPO proceeds with BSE. The company raised INR 42.03 crore through its Initial Public Offer on 14th August 2025. According to the filing, there are NO material deviations or variations in the utilization of IPO proceeds. The funds have been deployed across five categories: Purchase of new office premises (Rs. 16.69 crore), Purchase of hardware for new office (Rs. 1.12 crore), Working capital requirement (Rs. 5.20 crore), General Corporate purposes (Rs. 6.40 crore), and Issue related expenses (Rs. 5.23 crore). The statement was reviewed and approved by the Audit Committee on 15th May 2026, with Infomerics Valuation and Rating Limited acting as the Monitoring Agency.
This is a positive regulatory compliance filing indicating that IPO funds have been utilized as per the stated objects in the prospectus without any material deviations. This provides assurance to shareholders that their capital is being deployed as intended. The stock is listed on BSE with scrip code 544483.