JD Cables Files Monitoring Agency Report for IPO Proceeds

JD Cables Ltd has submitted its Monitoring Agency Report for the quarter and year ended March 31, 2026, prepared by CRISIL Ratings Limited. The report, in relation to the company's Initial Public Offer (IPO), confirms that the utilization of IPO proceeds aligns with the objects disclosed in the Offer Document. Specifically, the net proceeds of ₹7,854.00 Lakhs have been utilized towards General Corporate Purposes, with no material deviations reported. The company has provided necessary undertakings and documentation, including the statutory auditor's certificate and bank statements, to support the report.