
Corporate Governance13 Nov 2026, 07:14 pm
Apana Logistics: IPO Fund Utilisation Deviation for Q2 FY27
AI Summary
Apana Logistics Limited has filed a statement detailing deviations in the utilization of funds raised through its Initial Public Offer (IPO). The report covers the quarter ended September 30, 2026, and has been reviewed by the Audit Committee. The total amount raised via IPO was ₹34.14 crores. The filing indicates there was no deviation or variation in the use of funds as per Regulation 32 of SEBI (LODR) for the specified period. The statement includes original and modified allocations for capital expenditure towards purchase of reach stackers, issue expenses, and general corporate purposes, with no significant variances noted for the quarter or cumulatively.
Key Highlights
- Statement of deviation in IPO fund utilization filed for Q2 FY27.
- Total IPO funds raised: ₹34.14 crores.
- No deviation or variation reported in fund utilization.
- Reviewed by the Audit Committee on November 13, 2026.
- Covers utilization for reach stackers, issue expenses, and general corporate purposes.
Price Impact
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