StockWatch
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Other Food Products
Regulatory30 May 2026, 11:21 pm

Mother Nutri Foods: No Deviation in IPO Fund Utilization

AI Summary

Mother Nutri Foods Ltd reports no deviation or variation in the utilization of funds raised through its Initial Public Offer (IPO) for the year ended March 31, 2026. The IPO raised ₹3167.42 Lakhs on December 1, 2025. The company confirms that the funds were utilized as per the objects stated in the Prospectus. This statement has been reviewed by the Audit Committee and taken on record by the Board at their meeting held on May 30, 2026. Ratan Chandak & Co LLP, Chartered Accountants, have certified the IPO fund utilization as on March 31, 2026, verifying that Annexure A prepared by the Company matches the audited books of accounts.

Key Highlights

  • Mother Nutri Foods confirms no deviation in IPO fund utilization for FY26.
  • IPO raised ₹3167.42 Lakhs on December 1, 2025.
  • Audit Committee and Board reviewed and approved the fund utilization statement on May 30, 2026.
  • Ratan Chandak & Co LLP certified IPO fund utilization as per audited books.