StockWatch
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Industrial Products
Regulatory30 May 2026, 03:03 pm

Misquita Engineering: No Deviation in IPO/Preferential Issue Proceeds

AI Summary

Misquita Engineering Ltd confirms that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO) and Preferential Issue of Equity shares. As a result, the Statement of Deviation(s) or variation(s) for the quarter ended March 31, 2026, is not applicable to the company. This announcement is in compliance with Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Misquita Engineering reports no deviation in IPO proceeds utilization.
  • Statement of Deviation not applicable for quarter ended March 31, 2026.
  • Compliance with SEBI Listing Obligations Regulation 32 confirmed.