Key Finding

During the first quarter and three months' period ended on June 30, 2026, there was no deviation or variation in the utilisation of proceeds of IPO from the objects stated in the Prospectus dated 6th December, 2025.

Fund Raising Details

  • Mode of Fund Raising: IPO-Public Issue
  • Date of Raising Funds: December 08, 2025
  • Amount Raised: ₹2740.00 Million
  • Monitoring Agency: Brickwork Ratings India Private Limited

Fund Utilization Status as of June 30, 2026

Capital Expenditure Requirements

  • Original Object: Funding capital expenditure requirements for setting up new project in subsidiary ALCU Industries Private Limited
  • Original Allocation: ₹1400.00 million
  • Funds Utilized: ₹1098.30 million
  • Unutilized Amount: ₹301.70 million

Debt Repayment

  • Original Object: Repayment/prepayment of outstanding borrowings
  • Original Allocation: ₹1000.00 million
  • Funds Utilized: ₹1000.00 million
  • Unutilized Amount: --

General Corporate Purposes/IPO Expenses

  • Original Allocation: ₹340.00 million
  • Funds Utilized: ₹331.00 million
  • Unutilized Amount: ₹9.00 million

Total Utilization

  • Total Amount Raised: ₹2740.00 million
  • Total Funds Utilized: ₹2429.30 million
  • Total Unutilized Amount: ₹310.70 million

Governance and Compliance

  • The statement of deviation/variation was reviewed by the Audit Committee of the Company at its meeting held on 11th August, 2026
  • Audit Committee Comments: No Comments
  • Auditors Comments: No Comments
  • Shareholder Approval: Not Applicable
  • Explanation for Deviation/Variation: Not Applicable

Additional Information

  • This disclosure will be hosted on the company website: https://www.vidyawire.com/
  • Signed by Shyamsundar Rathi, Chairman & Whole Time Director (DIN: 00410015)
  • Digital signature timestamp: 2026.08.11 21:27:56 +05'30'