Regulatory15 May 2026, 11:08 am
Infonative Solutions: No Deviation in IPO Proceeds Use
AI Summary
Infonative Solutions Ltd. reported no deviations or variations in the utilization of proceeds from its Initial Public Offer (IPO) for the half-year ended March 31, 2026. This is in compliance with Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019. The IPO raised ₹24.71 Crore on April 04, 2025. The company confirms that the funds were utilized as stated in the Prospectus.
Key Highlights
- Infonative Solutions reports no deviation in IPO proceeds utilization.
- Report is for the half-year ended March 31, 2026.
- IPO raised ₹24.71 Crore on April 04, 2025.
- Utilization is compliant with SEBI regulations.
- Audit Committee and auditors have no comments on deviations.
Price Impact
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