StockWatch
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Rubber
Board Meeting13 Aug 2026, 06:23 pm

Horizon Reclaim Board Approves IPO Fund Utilization Report

AI Summary

Horizon Reclaim (India) Ltd announced the outcome of its Board Meeting held on August 13, 2026. The Board took on record the Monitoring Agency Report and the Statement of Deviation/Variation in the utilization of IPO proceeds for the quarter ended June 30, 2026. Additionally, the Board noted the appointment of M/s. HDK & Company as Internal Auditors for FY27 and M/s. EquiBridgeX Advisors Private Limited as Investor Relations & Public Relations Agency.

Key Highlights

  • Board reviewed IPO proceeds utilization for Q1 FY27.
  • Monitoring Agency Report from CRISIL taken on record.
  • Statement of Deviation/Variation in IPO proceeds approved.
  • HDK & Company appointed as Internal Auditors for FY27.
  • EquiBridgeX Advisors appointed as IR & PR Agency.