Submission of Statement of Deviation for 31.03.2026.
Awaiting price reaction for this filing.
I-Power Solutions India Ltd has submitted its quarterly statement of deviation or variation in fund utilisation for the quarter ended 31st March 2026. The filing is made under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to disclose any deviation from the planned use of funds raised through public issues or qualified institutions placements. The actual statement detailing the specific deviations is attached to this submission. The filing was digitally signed by Rajendra Naniwadekar and submitted to BSE on 26th May 2026. Without the attachment, the specific nature and quantum of deviation cannot be determined from this cover letter alone.
Shareholders should review the attached statement to check if funds have been deployed differently than originally intended, which could indicate changes in business strategy, project delays, or reallocation of capital. Significant unexplained deviations may warrant further scrutiny.