Regulatory29 May 2026, 03:04 pm
Kiaasa Retail: No Deviation in Issue Proceeds Utilization
AI Summary
Kiaasa Retail Ltd submitted a statement confirming no deviation or variation in the utilization of funds raised through its public issue for the half year ended March 31, 2026. The raised amount was ₹6973.57 Lakhs. The Audit Committee reviewed and took the statement on record on May 15, 2026. Auditors confirmed no deviation in the use of IPO proceeds. The monitoring agency was Infomerics Valuation and Rating Ltd.
Key Highlights
- Kiaasa Retail reports no deviation in utilization of ₹6973.57 Lakhs raised via public issue.
- Audit Committee reviewed and approved the statement on May 15, 2026.
- Auditors confirm no deviation or variation in the use of IPO proceeds.
- Infomerics Valuation and Rating Ltd. was the monitoring agency.
Price Impact
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