Nexxus Petro: Deviation Statement for Half Year Ended March 2026

Nexxus Petro Industries Ltd has filed a statement of deviation and variation in the utilization of IPO proceeds for the half-year ended March 31, 2026, as per Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement, reviewed by the Audit Committee and Board on May 29, 2026, indicates no deviation or variation in the use of funds raised. The company raised ₹19.42 Crores through a fresh issue, with allocations for working capital (₹1,600 Lakhs), general corporate purposes (₹148.63 Lakhs), and issue expenses (₹194.29 Lakhs).