Oswal Pumps: IPO Proceeds Utilization Report for Q1 FY27

Oswal Pumps Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of funds raised through its Initial Public Offer (IPO). ICRA Limited, the appointed monitoring agency, has confirmed that the utilization of proceeds is in line with the objects of the issue, with no material deviation observed. The report indicates that the company's capital expenditure funding aligns with prospectus disclosures, and no changes in the means of finance have occurred. The company's IPO details include an issue size of ₹1387.34 Crore for 22,595,114 equity shares.