Corporate Governance26 Oct 2026, 10:20 pm
One 97 Communications: IPO Proceeds Utilization Report for Q2 FY27
AI Summary
One 97 Communications Ltd has submitted its Monitoring Agency Report for the quarter ended September 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 was reviewed by the Audit Committee and approved 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 Q2 FY27 submitted.
- No deviation from IPO objects confirmed by monitoring agency.
- Report reviewed by Audit Committee and Board of Directors.
- Compliance with SEBI (LODR) and SEBI (ICDR) Regulations.
- Disclosure to be hosted on the company's investor website.
Price Impact
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