Workmates Core2Cloud IPO Funds Utilized as Planned

Workmates Core2Cloud confirms no deviation in IPO fund utilization per SEBI Regulation 32 filing.
IPO raised ₹69.84 crore on 14-Nov-2025, with ₹20.32 crore utilized for working capital and debt repayment.
Audit Committee reviewed and approved the fund utilization statement on 14-May-2026 for half-year ended 31-Mar-2026.
Brickwork Ratings India is named as the monitoring agency for the IPO fund utilization.