GSP Crop Science: Monitoring Agency Report for IPO Proceeds Q2 FY27

GSP Crop Science Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of funds raised through its Initial Public Offer (IPO). The report, issued by CRISIL Ratings Limited, confirms that the utilization of IPO proceeds is in line with the disclosures made in the Offer Document. The total IPO size was ₹4,000 million, with net proceeds of ₹2,203.17 million after deducting offer expenses of ₹196.83 million. The company's Audit Committee and Board of Directors have noted and approved the report.