Submission of Statement of Deviation for the Half year ended on 31st March, 2026
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Infonative Solutions Ltd, an SME-listed company (Code: 544393), has submitted its mandatory half-yearly statement under SEBI Regulation 32 confirming that there are NO deviations or variations in the utilization of IPO proceeds. The company raised Rs. 24.71 Crore through an SME IPO (3,128,000 equity shares at Rs. 79 per share) with allotment on April 4, 2025. The funds are being deployed as per the objects stated in the prospectus — allocated across working capital (Rs. 735.21L), public issue expenses (Rs. 500.67L), general corporate purpose (Rs. 417.95L), and unidentified acquisitions (Rs. 817.29L). No monitoring agency is appointed. The filing was signed by Whole-Time Director Saurabh Kathuria on May 15, 2026.
Positive signal for investors — the company is compliant with IPO fund deployment norms and has not deviated from its stated objectives. No adverse action expected.