
Quarterly Updates29 Oct 2026, 07:12 pm
Fusion Klassroom Edutech: No Deviation in IPO Fund Use for Q2 FY27
AI Summary
Fusion Klassroom Edutech Limited has filed its statement of deviation or variation for the quarter and half-year ended September 30, 2026, regarding the utilization of its IPO proceeds. The company raised ₹3,904.0 Lakhs (₹39.04 Crore) through its public issue. As per the report filed with the monitoring agency, Brickwork Ratings India Private Limited, there has been no deviation or variation in the use of funds raised. The Audit Committee and the Board of Directors have reviewed and noted this statement. The funds were raised between July 30 and August 4, 2026.
Key Highlights
- No deviation reported in IPO fund utilization for Q2 FY27.
- IPO proceeds amounted to ₹3,904.0 Lakhs (₹39.04 Crore).
- Monitoring agency Brickwork Ratings confirmed no variation.
- Audit Committee and Board of Directors have reviewed the statement.
Price Impact
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