Elfin Agro India Board Approves IPO Fund Utilization Variation

Elfin Agro India Ltd held a Board Meeting on September 9, 2026, to discuss and approve variations in the utilization of Initial Public Offering (IPO) proceeds. The board proposed to reallocate funds originally earmarked for working capital and issue-related expenses. Specifically, ₹115.00 Lakhs will now be utilized for further working capital requirements. The company also approved the appointment of NSDL for remote e-voting and CS Nitin Mehta as Scrutinizer for the upcoming postal ballot process. The cut-off date for eligibility to vote was set as September 4, 2026. The Board authorized the Company Secretary to manage the postal ballot process.