Advance Agrolife: No Deviation in IPO Proceeds Utilization

Advance Agrolife Ltd. reported no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO) for the quarter ended March 31, 2026. This statement is in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The IPO, which raised ₹1928.42 million, was conducted on October 6, 2025. Care Ratings Limited is the monitoring agency. The company's equity shares are listed on BSE Limited and National Stock Exchange of India Limited since October 8, 2025.