BharatRohan Airborne Innovations: IPO Fund Utilisation No Deviation

BharatRohan Airborne Innovations Ltd has stated that there were no deviations in the utilization of its Initial Public Offer (IPO) proceeds for the half-year ended September 30, 2026. The company confirmed that funds were utilized as per the object clause in its prospectus. The statement, certified by statutory auditors M/s. Keyur Shah and Associates, was reviewed by the Audit Committee on November 13, 2026. Planned utilization for General Corporate Purpose was ₹661.48 Lacs, with the same amount utilized. Funding for Capital Expenditure requirements for new equipment and working capital was also in line with the prospectus.