JD Cables Limited confirms no deviation in utilization of ₹84.41 crore IPO proceeds raised on September 23, 2025.
All funds were fully utilized according to original objects: ₹45 crore working capital, ₹26 crore debt repayment, ₹7.54 crore general corporate purposes.
The Audit Committee reviewed and confirmed compliance with SEBI Listing Regulations requirements for the half-year ended March 31, 2026.
Monitoring agency CRISIL Ratings Limited oversaw the fund utilization process with no variations reported.