Chatterbox Technologies filed a SEBI Reg. 32(1) statement confirming no deviation in the utilization of its ₹42.86 crore IPO proceeds for H1 FY26.
The Audit Committee reviewed and had no comments on the statement at its meeting held on April 29, 2026.
Progress is delayed across all objects, including manpower expansion (₹11.07 cr planned, ₹1.31 cr used) and new office/studio (₹7.14 cr planned, ₹6.10 cr used).
The monitoring agency, Acuite Ratings, noted the delays, but the company attributes them to longer hiring cycles and phased contractual payments.