Nippon Life India AMC Q4 FY26 Zero Fund Utilization Deviation

Nippon Life India AMC files mandatory SEBI Regulation 32 disclosure for Q4 FY26 regarding IPO fund utilization.
Company reports nil deviation from originally stated objects for Rs. 588.85 crore net IPO proceeds raised in November 2017.
HDFC Bank Limited continues to serve as the monitoring agency for the fund utilization with no variations reported.
Audit Committee reviewed and auditors provided no comments on the quarterly fund utilization statement.