Regulatory30 May 2026, 09:32 am
Exato Technologies: No Deviation in IPO Funds Utilization
AI Summary
Exato Technologies Ltd reports no deviations or variations in the utilization of IPO proceeds for the quarter ended March 31, 2026. The company raised ₹3430 Lakhs through its IPO and has provided a statement and auditor's certificate confirming the proper utilization of funds. The funds were allocated to working capital, product development, repayment of borrowings, general corporate purposes, and issue expenses.
Key Highlights
- Exato Technologies confirms no deviation in IPO fund utilization for Q4 FY26.
- IPO proceeds of ₹3430 Lakhs were utilized as per the offer document.
- Auditor's certificate confirms proper utilization of IPO proceeds up to March 31, 2026.
- Funds allocated to working capital, product development, debt repayment, and general corporate purposes.
- ₹1644.86 Lakhs utilized, with ₹1785.14 Lakhs remaining unutilized as of March 31, 2026.
Price Impact
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