Manika Plastech: No Deviation in IPO Fund Utilization for Q2 FY27

Manika Plastech Limited announced that its Board of Directors, at a meeting held on November 4, 2026, reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Crucially, the company confirmed that there has been no deviation or variation in the utilization of funds raised through its Initial Public Offering (IPO) from the stated objects in the prospectus. This confirmation was also noted by the Audit Committee and the Board. The company also reported its financial results, with total income for the quarter ended September 30, 2026, standing at ₹1,516.55 million (consolidated) and profit after tax at ₹132.30 million (consolidated).