Regulatory29 May 2026, 03:45 pm
GSP Crop Science: No Deviation in Public Issue Proceeds
AI Summary
GSP Crop Science Ltd confirms no deviation or variation in the utilization of proceeds raised through its Public Issue for the quarter and financial year ended March 31, 2026, from the objects stated in the Prospectus. The Audit Committee and Board of Directors reviewed and noted the statement of utilization of issue proceeds, confirming adherence to the stated objectives. The report is available on the company's website.
Key Highlights
- GSP Crop Science confirms no deviation in Public Issue proceeds utilization.
- Audit Committee and Board reviewed and noted the utilization statement.
- Proceeds utilized for repayment of borrowings and general corporate purposes.
- Monitoring Agency, CRISIL Ratings Limited, confirms no deviation.
Price Impact
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