Shivchem Agro: IPO Proceeds Disclosure Not Applicable

Shivchem Agro Ltd has informed the stock exchange that the Statement of Deviation or Variation in the utilization of IPO proceeds, as required under Regulation 32 of SEBI (LODR) Regulations, 2015, is not applicable for the half-year ended September 30, 2026. This is because the company's equity shares were listed on the BSE SME Platform only on October 06, 2026. Therefore, there are no IPO proceeds to report utilization for during the specified period.