Airfloa Rail Technology: IPO Fund Utilization Report for Q2 2026

Airfloa Rail Technology Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds raised through its Initial Public Offering (IPO). The report, prepared by Crisil Ratings Limited as the Monitoring Agency, confirms that the utilization of IPO proceeds is in line with the objects of the issue. The company's IPO was conducted from September 11 to September 15, 2025, with net proceeds of ₹8,884.80 lakhs. The report has been reviewed and taken on record by the Audit Committee and the Board of Directors.