Ace Alpha Tech Limited files a mandatory SEBI LODR Regulation 32 disclosure confirming no deviation in IPO proceeds utilization for H1 ended March 31, 2026.
The company raised ₹32.22 crore through its IPO on July 1, 2025, with ₹24.48 crore from a fresh issue and ₹7.74 crore via an offer for sale.
The Audit Committee reviewed and had no comments on the utilization statement during its meeting held on May 19, 2026.
CARE Ratings Limited serves as the voluntarily appointed monitoring agency for the fresh issue proceeds.