Kalpataru IPO Proceeds Utilization Report: Nil Deviation

Kalpataru Ltd has submitted its Monitoring Agency Report for the first quarter ended June 30, 2026. The report, issued by CARE Ratings Limited, monitors the utilization of proceeds from the company's Initial Public Issue (IPO) which raised Rs. 1,590 crore. The report confirms "Nil Deviation" from the objects stated in the offer document regarding the utilization of IPO proceeds, indicating that the funds were used as disclosed. This filing is in compliance with Regulation 32(6) of SEBI Listing Regulations and Regulation 41(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.