Diksha Polymers Confirms No IPO Fund Use Deviation

Diksha Polymers Ltd has confirmed that there has been no deviation or variation in the utilization of its Initial Public Offering (IPO) proceeds from the objects stated in the prospectus dated June 11, 2026. For the quarter ended June 30, 2026, the company utilized ₹1,160.00 lakhs out of the net IPO proceeds. The total IPO amount raised was ₹1,790.21 lakhs, with ₹190.00 lakhs spent on issue expenses, leaving net proceeds of ₹1,600.21 lakhs. The utilized funds were allocated to repayment of borrowings and general corporate purposes as per the prospectus. An unutilized balance of ₹440.21 lakhs remains in the escrow account.