Regulatory15 May 2026, 12:30 pm
EPACK Durable: IPO Proceeds Fully Utilized by March 2026
AI Summary
EPACK Durable Ltd. has informed exchanges that it has fully utilized the IPO proceeds up to March 31, 2026, as per the Monitoring Agency Report. The report, submitted in compliance with SEBI regulations, indicates no material deviation from the IPO objectives, with utilization aligned with shareholder-approved changes. ICRA Limited, the monitoring agency, confirms an objective view based on provided information, while disclaiming audit responsibilities and potential conflicts of interest.
Key Highlights
- EPACK Durable fully utilized IPO proceeds by March 31, 2026.
- Monitoring Agency Report indicates no material deviation from IPO objectives.
- Utilization is in line with changes approved by shareholder resolution.
- ICRA Limited served as the Monitoring Agency.
- Net proceeds as per the Prospectus: ₹379.683 Crore.