Unisem Agritech Limited has informed the Exchange about Statement of Deviation(s) or Variation(s)
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Unisem Agritech Limited has submitted its quarterly Statement of Deviation/Variation for IPO proceeds utilisation as of 31st March 2026, reviewed by the Audit Committee and Board on 25th May 2026. The company raised Rs 2,145.00 lakhs through its IPO and has fully deployed the proceeds as follows: Rs 1,106.00 lakhs for working capital, Rs 575.00 lakhs to repay banking facilities, Rs 129.18 lakhs for general corporate purpose, and Rs 334.82 lakhs for issue-related expenses. Issue expenses exceeded the original estimate by Rs 78.06 lakhs, which was offset by reducing the General Corporate Purpose allocation from Rs 207.24 lakhs to Rs 129.18 lakhs. SKSVM & Co., Chartered Accountants, has provided reasonable assurance that the proceeds were utilized in accordance with the objectives stated in the Offer Document.
The filing shows full and compliant utilisation of IPO proceeds with no material deviations. The reallocation between budget categories (issue expenses vs general corporate purpose) was within permitted limits as per the prospectus. This is a routine compliance filing that should not have any adverse impact on shareholders.