Sub.: Submission of Statement of Deviation or Variation for the Half Year ended on 30th September 2026

Dindigul Farm Product Limited submitted a regulatory filing to BSE Limited on 13th November 2026, pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing concerns the utilization of funds raised through the company's Initial Public Offer (IPO).

Key Details of Fund Raising:

  • Mode of Fund Raising: IPO
  • Date of Raising Funds: 25th June 2024 (Date of Allotment)
  • Amount Raised: ₹3,163.00 Lakhs (₹31.63 Crore)
  • Report filed for Half Year ended: 30th September 2026
  • Monitoring Agency: Not applicable (Nil)

Deviation/Variation Status:

  • There is no deviation or variation in the use of funds raised (marked as 'Nil').
  • The change in terms of contract or objects approved by shareholders is not applicable (marked as 'Nil').
  • Date of shareholder approval: Not applicable (NA)
  • Explanation for Deviation/Variation: Not applicable (NA)

Review Comments:

  • Audit Committee Comments: "The Audit Committee noted that there is no deviation in the Utilization of Funds."
  • Auditor Comments: Not applicable (Nil)

Detailed Fund Utilization:

The funds were raised for three specific objects, all of which have been utilized without deviation from the original allocation:

1. Funding Capital Expenditure

  • Original Allocation (Net Issue Proceeds): ₹1,212.33 Lakhs
  • Modified Allocation: Not applicable (Nil)
  • Funds Utilized: ₹1,125.33 Lakhs
  • Amount of Deviation/Variation: Nil
  • Remarks: "The remaining Amount will be utilized in the subsequent quarters as per the original object of the Issue." This indicates ₹87.00 Lakhs remains to be utilized for this object.

2. To Meet Working Capital Requirements

  • Original Allocation (Net Issue Proceeds): ₹1,384.00 Lakhs
  • Modified Allocation: Not applicable (Nil)
  • Funds Utilized: ₹1,384.00 Lakhs
  • Amount of Deviation/Variation: Nil
  • Remarks: Nil

3. General Corporate Purpose

  • Original Allocation (Net Issue Proceeds): ₹566.67 Lakhs
  • Modified Allocation: Not applicable (Nil)
  • Funds Utilized: ₹566.67 Lakhs
  • Amount of Deviation/Variation: Nil
  • Remarks: Nil

Conclusion:

The company has fully utilized the proceeds for Working Capital and General Corporate Purpose as per the original issue objects. For Capital Expenditure, a portion (₹87 Lakhs) remains unutilized but is committed for use in subsequent quarters, which does not constitute a deviation.

The letter was signed by G U K Narayanan, Company Secretary and Compliance Officer, on behalf of Dindigul Farm Product Limited.