The statement confirms that there is no deviation or variation in the utilization of funds raised through the Initial Public Offer. The Audit Committee reviewed the statement and the Board of Directors took it on record at their meeting held on 25th May 2026.
Key Details
- Mode of Fund Raising: Public issue
- Date of Raising Funds: 31st July 2025
- Amount Raised: ₹94.51 crore (9,451.25 in the document, assumed to be in lakhs)
- Monitoring Agency: Applicable
- Monitoring Agency Name: CARE Ratings Limited
- Deviation/Variation Status: No Deviation/Variation
- Shareholder Approval: Not Applicable
- Audit Committee Comments: No Comments
- Auditors Comments: No Comments
The information will be uploaded on the company's website at https://www.shreef.com/.
The document was digitally signed by Tanmay Mukund Pethkar, Company Secretary and Compliance Officer (Membership No.: A53618) on behalf of Shree Refrigerations Limited.
Financial Impact
No financial impact disclosed as the company confirmed no deviation or variation in fund utilization.