Northern Arc Capital Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

NORTHARC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.3%1-day move

₹288.00

prior close

₹302.60

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.0+0.5+2.1+1.0+3.3+1.4+0.4-2.7-4.9-4.1+0.5-3.3+12.8—

Up moveDown movePending

AI summary

Northern Arc Capital Limited has filed a confirmation that there is NO deviation or variation in the utilisation of proceeds from its Initial Public Offer (IPO). The company raised Rs. 4,498.45 million (net of issue proceeds) through its IPO on September 23, 2024. The filing is for the quarter ended March 31, 2026. The monitoring agency for the IPO is CRISIL Ratings Limited. No approval is required to vary the objects stated in the prospectus. The audit committee and auditors had no comments requiring disclosure. The company states all funds were deployed as originally intended.

Likely market impact

No negative signal for shareholders — the company has deployed IPO proceeds as planned with no deviation, indicating adherence to stated objectives and good governance compliance.