Northern Arc Capital Reports No IPO Fund Use Deviation for Q1 FY27

Northern Arc Capital Limited has filed a Statement of Deviation & Variation for the quarter ended June 30, 2026. The company confirms that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO) of equity shares. The total amount raised was ₹4,498.45 million (net of issue proceeds). The filing, made pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, assures stakeholders that funds were utilized as per the original objects disclosed in the prospectus. The report is available on the company's website.