Jupiter Wagons: Deviation/Variation in Fund Utilization

Jupiter Wagons Ltd. has filed a statement of deviation or variation in the utilization of funds raised through preferential issues for the quarter ended March 31, 2026, as per Regulation 32 of SEBI (LODR) Regulations, 2015. The report includes details for funds raised through QIP in December 2023, warrants in June 2024, and QIP in July 2024. The company stated that there was no deviation/variation in the use of funds for the warrant issue and QIP-July 2024. For QIP-December 2023, unutilized funds will be used for enhancement of foundry capacity at Bandel unit, following shareholder approval dated April 18, 2025.