Company files regulatory statement confirming no deviation in utilization of ₹65.99 crore IPO funds raised in March 2023.
Proceeds were allocated to working capital requirements (₹45 crore) and general corporate purposes (₹16.16 crore).
Unutilized funds are temporarily parked in State Bank of India accounts and deposits as per SEBI LODR Regulation 32.
Filing covers both quarter and financial year ended March 31, 2026, with no variation from originally disclosed objects.