Pace Digitek IPO Proceeds Utilization Report Filed

Pace Digitek Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. The report, issued by Crisil Ratings Limited, confirms that the utilization of IPO proceeds amounting to ₹8,191.48 million (gross proceeds) is in line with the objects disclosed in the Offer Document. The net proceeds after deducting issue expenses of ₹733.14 million were ₹7,458.34 million. The report indicates no deviation from the stated objects for funding capital expenditure requirements.