Regulatory14 May 2026, 04:51 pm
Glen Industries: No Deviations in Public Issue Proceeds
AI Summary
Glen Industries Ltd. reports that there were no deviations or variations in the utilization of proceeds from its Public Issue for the half year ended March 31, 2026. This is based on the Monitoring Agency Report issued by Infomerics Valuation and Rating Limited. The report confirms adherence to SEBI regulations regarding the use of funds raised during the IPO.
Key Highlights
- Glen Industries confirms no deviations in Public Issue proceeds utilization.
- Infomerics Valuation and Rating Limited issued the Monitoring Agency Report.
- The report covers the half year ended March 31, 2026.
- The IPO proceeds utilization adheres to SEBI regulations.
- Avik Podder, Sr. Director - Ratings, signed the report on May 13, 2026.
Price Impact
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