CapitalNumbers reports deviation in public issue proceeds utilization

CapitalNumbers Infotech Limited has submitted its Statement of Deviation or Variation in utilization of public issue proceeds for the half year and financial year ended March 31, 2026, in compliance with SEBI (LODR) Regulation 32. The company, which listed on the BSE SME Platform on January 27, 2025, through an IPO involving fresh issue and offer for sale, is reporting on how the funds were used. Auditors noted a deviation where issue-related expenses, including those attributable to the Offer for Sale (OFS) portion (₹2,117.15 lakhs), were initially considered as gross issue expenses instead of being restricted to the net issue expenses attributable to the company. The amount attributable to the OFS portion was subsequently recovered from selling shareholders on November 24, 2025, with a consequential correction made in the current financial year.