Udayshivakumar Infra Limited disclosed that its promoters and persons acting in concert have not created any encumbrance over shares, either directly or indirectly, during the financial year ended March 31, 2026. The company submitted this declaration to the stock exchanges on April 7, 2026, confirming the status as of the fiscal year-end.

The disclosure was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires listed companies to inform the exchanges if promoters have pledged their shares, a move that is critical for investors assessing the financial leverage and risk profile of the promoter group.

The declaration was signed on behalf of the promoter group by Mr. Udayshivakumar, Ms. Aishwaryashree S, Mrs. Amrutha, Ms. Manjushree, Ms. Poojashree, and Mr. R Prabhakar. Each individual confirmed that no shares were encumbered during the financial year or as of March 31, 2026.

The filings were addressed to BSE Ltd and the National Stock Exchange of India Ltd, as well as the Audit Committee of Udayshivakumar Infra Limited. The company’s Company Secretary, Sneha Sawant, submitted the documents to the exchanges.

Udayshivakumar Infra Limited , formerly known as Udayshivakumar Infra Private Limited, has filed its Statement of Deviation or Variation in utilisation of funds raised through its Initial Public Offering (IPO), pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, dated 09th May 2026, covers the quarter and financial year ended 31st March 2026 and confirms that there is no deviation or variation in the use of funds raised.

IPO Overview and Fund Raising Details

The company completed its Initial Public Offer during the quarter ended 31st March 2023, allotting 1,88,57,142 equity shares. The allotment was finalised by the designated stock exchange on March 29, 2023, and approved by the Board Meeting resolution of the same date. The shares were issued at a price of ₹35 per equity share, including a share premium of ₹25 per equity share, aggregating to INR 6,599 Lakhs. Udayshivakumar Infra Limited was subsequently listed on BSE Limited and National Stock Exchange of India Limited on 03rd April 2023. The issue was made in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.

The key details of the fund raising are summarised below:

Fund Utilisation Status

As of the quarter ended 31st March 2026, the company reports no deviation or variation in the utilisation of IPO proceeds. The net proceeds from the issue were proposed to be utilised towards funding incremental working capital requirements and general corporate purposes. The unutilised proceeds have been temporarily invested or parked in bank accounts and deposits with State Bank of India. The following table presents the object-wise allocation and utilisation of funds:

Regulatory Compliance and Signatories

The filing was submitted to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 32 of SEBI (LODR) Regulations, 2015. The statement was signed by Sneha Prashant Sawant, Company Secretary, and Sheetalkumar Mohanrao Kodachawad, Chief Financial Officer, on behalf of Udayshivakumar Infra Limited. The Audit Committee comments and auditor comments are noted as not applicable, consistent with the absence of any deviation or variation in fund utilisation.

For reference, deviation or variation under this regulation may include:

• Deviation in the objects or purposes for which the funds have been raised
• Deviation in the amount of funds actually utilised as against what was originally disclosed
• Change in terms of a contract referred to in the fund raising document, such as a prospectus or letter of offer

The company's registered office is located at 1924A/196, Banashankari Badavane, Near NH-4 Bypass, Davangere, Karnataka, India – 577005.