Indo Farm Equipment IPO Proceeds Utilized as Planned

Indo Farm Equipment Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Infomerics Valuation and Rating Limited, confirms that there have been no deviations in the utilization of funds raised through the company's Initial Public Offer (IPO). The IPO aggregated to ₹168.06 crore. The monitoring agency has declared that the utilization of proceeds aligns with the objects of the issue, providing a true and fair view based on information provided by the issuer and reliable sources. The report is also available on the company's website.