Regulatory20 Jul 2026, 10:40 pm
One 97 Communications: IPO Proceeds Utilization Report for Q1 FY27
AI Summary
One 97 Communications Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by Axis Bank Limited, confirms no deviation from the objects stated in the offer document. The utilization of funds has been reviewed by the Audit Committee and taken on record by the Board of Directors. This disclosure is in compliance with SEBI regulations and will be hosted on the company's investor relations website.
Key Highlights
- IPO proceeds utilization report for Q1 FY27 submitted.
- Axis Bank confirms no deviation in fund utilization.
- Report reviewed by Audit Committee and Board of Directors.
- Disclosure complies with SEBI (LODR) and (ICDR) Regulations.
- Information available on the company's investor website.
Price Impact
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