The disclosure confirms that there has been no deviation or variation in the utilisation of proceeds raised through the company's Initial Public Offer (IPO) during the quarter ended 30th September, 2026.
Key Quantitative Figures
- Amount Raised through IPO: ₹5000.00 million (Rs. 500 crore)
- Date of Raising Funds: 01st September, 2026 (Allotment Date)
- Reporting Quarter Ended: 30th September, 2026
Parties Involved
- Monitoring Agency: CRISIL Ratings Limited
Review and Compliance
- The Audit Committee reviewed the utilization and provided 'No Comment'.
- The auditors also provided 'No Comment' on the utilization.
- The statement explicitly states 'No' to the question of whether there is any deviation or variation in the use of funds.