Statement of Deviation or Variation for the quarter ended March 31, 2026
RKSWAMY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
R K Swamy Ltd has confirmed that there are no deviations or variations in the utilisation of IPO proceeds raised in March 2024 (Rs. 4,235.60 million). Of the Rs. 1,563.25 million fresh proceeds allocated across five objects, Rs. 1,114.02 million (71%) has been utilised so far. Working capital (Rs. 540 million) and general corporate purposes (Rs. 362.62 million) are fully utilised. The DVCP Studio setup remains completely unutilised, while IT infrastructure (Rs. 333.42 million allocated) and new CEC/CATI centres (Rs. 217.36 million allocated) are partially deployed at Rs. 126.75 million and Rs. 84.65 million respectively. The statement was reviewed by the Audit Committee on May 18, 2026 and taken on record by the Board on May 19, 2026.
No deviation means the company is using IPO funds as promised in the prospectus, which is a positive signal for investors. However, the slow pace of capital expenditure on the DVCP Studio and CEC/CATI expansions may delay expected growth benefits from the IPO.