Regulatory19 May 2026, 04:28 pm
Exicom: Nil Deviation in IPO & Rights Issue Proceeds
AI Summary
Exicom Tele-Systems Ltd reported no deviation or variation in the utilization of proceeds from its IPO and Rights Issue for the quarter ended March 31, 2026. The company fully utilized the ₹259.41 crore raised through the Rights Issue, and the audit committee reviewed the statements.
Key Highlights
- Exicom reports nil deviation in IPO proceeds utilization for Q4 2026.
- Rights Issue funds fully utilized; no pending amount as of date.
- Audit Committee reviewed and approved the statements.
- IPO raised ₹400 crore, Rights Issue raised ₹259.41 crore.
Price Impact
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