Quality Power Electrical Equipments Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

QPOWER · 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

-3.5%1-day move

₹1107.00

prior close

₹1130.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-3.3-5.2-5.2-2.2-3.5-8.3-3.5+1.3+0.5+1.4+1.7+15.8+9.7—

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AI summary

Quality Power Electrical Equipments Limited (QPOWER) has filed its Q4 FY2026 statement confirming no deviation or variation in the utilisation of IPO proceeds. The company raised ₹858.70 crore via IPO on 20th February 2025. Of the ₹225.01 crore allocated across three objects, ₹207.51 crore (92%) has been utilised. Capital expenditure and inorganic growth funds have seen deployment delays against the prospectus timeline, but the board on 14th May 2026 resolved to fully deploy the remaining unutilised portion within the next two quarters. The audit committee reviewed and noted no deviation. Brickwork Ratings is the monitoring agency.

Likely market impact

Neutral for shareholders — the company confirms proper utilisation of IPO funds with no misuse or deviation, though some deployment timelines have been extended.