Northern Arc Capital IPO Proceeds No Deviation Q4

Northern Arc Capital files mandatory SEBI LODR Regulation 32(1) statement confirming no deviation in IPO fund utilization for Q4 March 2026.
The company raised ₹4,498.45 million (net proceeds) and reports full compliance with original objects stated in the prospectus.
CRISIL Ratings Limited is named as the monitoring agency for the fund utilization, with no variations reported across all objects.