Capitalnumbers Infotech: Fund Utilization Deviations for H1 FY27
Capitalnumbers Infotech Ltd has filed its Statement of Deviations or Variations in the utilization of funds raised through its public issue for the half-year ended September 30, 2026. The company reported a total utilization of ₹84,686.0 Lacs (₹846.86 Crore) against the total issue proceeds. Significant deviations were noted in the 'Technical Advancement of Leading-edge Technology Developments' object, with ₹1,165.38 Lacs (₹11.65 Crore) unutilized. The 'Investment in Subsidiary' object saw its allocation revised and expanded to include potential future investments in Epitome Cloud Inc. and its subsidiaries. The 'Issue Related Expenses' also showed a deviation, with ₹970.69 Lacs (₹9.71 Crore) unutilized. The total unutilized amount of IPO proceeds, amounting to ₹433.97 Lacs (₹4.34 Crore), has been invested in Fixed Deposits.
Key Highlights
- Statement of Deviations in fund utilization for H1 FY27 filed.
- ₹433.97 Lacs (₹4.34 Crore) of IPO proceeds remain unutilized.
- Unutilized funds are invested in Fixed Deposits.
- Allocation for subsidiary investment was revised and expanded.
- Significant deviation noted in technical advancement fund utilization.
Price Impact
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