Data Patterns: Q1 FY27 QIP Proceeds Utilization Report Filed

Data Patterns (India) Ltd has filed the Monitoring Agency Report for the quarter ended June 30, 2026, issued by ICRA Limited. The report confirms that the utilization of proceeds from the Qualified Institutional Placement (QIP) is in line with the objects of the issue, with no deviation observed. The QIP, which closed on March 14, 2023, raised INR 500.00 Crore, with net proceeds of INR 487.734 Crore. ICRA Limited, acting as the Monitoring Agency, has provided a declaration stating their report is based on information provided by the issuer and believed to be accurate, without performing an audit or independent verification. The report is submitted as per SEBI regulations.