Rachit Prints Reports No IPO Fund Utilization Deviation

Quantitative Fund Utilization Breakdown

Total IPO Proceeds (net of share issue expenses): ₹1,800.51 lakhs

Utilization as of March 31, 2026:

• Working Capital Requirement: ₹950.00 lakhs (fully utilized)
• Capital expenditure towards purchase of Plant and Machinery: ₹0.00 lakhs utilized (₹440.00 lakhs unutilized)
• Partial Prepayment of Term Loans: ₹132.00 lakhs (fully utilized)
• General Corporate Purposes: ₹278.51 lakhs (fully utilized)

Total Utilized Amount: ₹1,360.51 lakhs

Total Unutilized Amount: ₹440.00 lakhs

Temporary Deployment of Unutilized Funds

The unutilized amount of ₹440.00 lakhs, which is designated for capital expenditure towards purchase of plant and machinery, has been temporarily deployed in fixed deposits as of the reporting date.

Governance and Approval Process

The statement on fund utilization was reviewed by the company's Audit Committee and subsequently taken on record by the Board of Directors at their respective meetings held on Thursday, May 28, 2026.

Auditor Certification

Singhal Gupta & Co. LLP, Chartered Accountants (Firm Registration No.: 004933C), provided independent verification of the fund utilization. Partner CA Chetan Singhal (Membership No.: 420018) certified the utilization amounts as of March 31, 2026, confirming the same figures as reported by the company.