Regaal Resources Reports ₹0.06 Crore IPO Fund Deviation

Key Financial Details

IPO Proceeds Allocation and Utilization (₹ in Crore):

• Repayment/prepayment of borrowings: Original allocation ₹159.00, Utilized ₹159.00, Deviation ₹0.00
• General Corporate Purpose (GCP): Original allocation ₹28.14, Utilized ₹28.20, Deviation (₹0.06) [over-utilization]
• IPO issue-related expense: Original allocation ₹22.85, Utilized ₹22.16, Deviation ₹0.00
• Total IPO proceeds: Original ₹209.99, Total utilized ₹209.35, Net deviation (₹0.06)

Deviation Explanation

The company utilized ₹0.06 crore more than originally allocated for General Corporate Purpose. This over-utilization was funded by funds available for meeting other objects of the company. The deviation of ₹0.06 crore remains within 10% of the amount projected in the offer documents.

Governance Review

The Audit Committee of the Company reviewed the details of deviation/variation in utilization of proceeds in its meeting held on May 27, 2026. There are no comments from the auditors regarding this deviation.

Additional Information

The information is available on the company's website at https://regaalresources.com/.