Western Carriers (India) Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

WCIL · 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

-1.3%1-day move

₹99.20

prior close

₹95.99

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.5+0.0-0.5-0.0-1.3-2.2-2.4-0.6-0.2+0.3-4.6+5.3-6.0—

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AI summary

Western Carriers (India) Limited filed its quarterly statement of fund utilization for the quarter ended March 31, 2026, under SEBI Regulation 32. The company confirms there was NO deviation or variation in the use of IPO proceeds raised in September 2024 (total offer size Rs. 4,928.80 million — Rs. 4,000 million fresh issue + Rs. 928.80 million offer for sale). The funds were deployed as per the objects stated in the prospectus dated September 20, 2024. The statement was reviewed and approved by the Audit Committee and monitored by CRISIL Ratings Limited. No comments were raised by either the Audit Committee or the auditors.

Likely market impact

No deviation in IPO fund utilization is a positive signal — it indicates the company deployed investor proceeds as committed. No immediate shareholder concern.