Pajson Agro IPO Proceeds Utilization Report Filed

Pajson Agro India Limited has submitted its Monitoring Agency Report for Q2 FY27, prepared by CARE Ratings Limited, concerning the utilization of its Initial Public Offer (IPO) proceeds. The report indicates a deviation in the utilization of funds, specifically an increase in General Corporate Purposes (GCP) to ₹10.43 crores, exceeding the stipulated cap of ₹10 crores without corresponding approval. The company had revised the cost allocation via a board resolution on December 26, 2025, transferring ₹1.96 crores of balance issue expenses to GCP. CARE Ratings has declared that the report provides an objective view based on provided information but does not perform independent verification.