Anand Seamless Limited has submitted a regulatory compliance disclosure to BSE Limited pursuant to SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulation 32. The company confirms that there has been no deviation or variation in the use of proceeds from its equity issue as stated in the offer document.

IPO Details

The company raised funds through an Initial Public Offer (IPO) with the following details:

  • Amount raised: ₹2551.68 lakhs
  • Date of allotment: September 25, 2026
  • Listing date: September 29, 2026
  • Reporting period: Half year ended September 30, 2026
  • Monitoring agency: Not applicable

Fund Allocation and Utilization

As of September 30, 2026, the entire IPO proceeds remain unutilized with no deviation from the original objects:

| Object | Amount Allocated (₹ lakhs) | Amount Utilized (₹ lakhs) | Unutilized Amount (₹ lakhs) | Deviation |

| Financing cost towards capacity expansion, technological upgradation, cost optimization and support to manufacturing facility at Survey No. 944, Ankhol Patiya, Chhatral-Kadi Road, Village Indrad, Mahesana, Kadi, Gujarat, India, 382715 | 1319.78 | 0 | 1319.78 | No |

| Full or part repayment and/or prepayment of certain outstanding secured and unsecured borrowings | 549.19 | 0 | 549.19 | No |

| Issue related expenses (including GST) | 312.72 | 0 | 312.72 | No |

| General corporate purposes | 369.99 | 0 | 369.99 | No |

| Total | 2551.68 | 0 | 2551.68 | No |

Auditor Certification

Chirag R. Shah & Associates, Chartered Accountants (FRN: 118791W), the statutory auditors of the company, have certified the utilization statement. The certificate confirms that the company has not utilized any funds from the IPO proceeds as of September 30, 2026, and there is no deviation from the objects disclosed in the prospectus. The certificate was signed by Virang Mehta, Partner (Membership No.: 161759), and dated November 05, 2026.

Financial Impact

The disclosure confirms no financial impact as funds remain unutilized. No provisioning, write-off, or liability crystallization has occurred. The capital structure remains unchanged from the IPO allocation.