Aplab Ltd Confirms Full Utilization of Rights Issue Proceeds

Aplab Limited has confirmed the full utilization of proceeds from its recent Rights Issue. The company raised ₹629.00 Lakhs through the issue of 1,25,70,000 Equity Shares at ₹5 per share. A Utilization Certificate from Infomerics Ratings, a registered valuer, confirms that the entire amount has been used for the specified objects, such as funding capital expenditure and working capital requirements, as per the Letter of Offer. The Monitoring Agency Report for the quarter ended June 30, 2026, also confirms no deviation from the stated objects. The balance remaining from the Rights Issue Escrow Account is ₹0.00 Lakhs.