Data Patterns (India) Limited (DATAPATTNS) — Announcement

📢 Key Event
ICRA submits final Monitoring Agency report confirming full utilization of QIP proceeds

🔄 What Changed
No deviation observed in fund utilization compared to prior monitoring reports

💡 Investor Takeaway
Shareholders can view this as confirmation that capital raised through QIP was deployed transparently and in strict alignment with stated objectives.

Data Patterns (India) Limited disclosed its Monitoring Agency Report for Q4 FY2026, confirming that proceeds from its March 2023 Qualified Institutional Placement were fully utilized as per the offer document with no deviations. The ICRA report validates compliance with SEBI regulations, showing complete deployment of INR 487.734 crore across working capital, product development, debt repayment, and facility setup, with unutilized amounts parked in fixed deposits. The filing underscores strict adherence to capital raise objectives and regulatory requirements.

📄 View Original Announcement (PDF)

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