
Corporate Governance13 Nov 2026, 03:58 pm
Panchatv Bharat: No IPO Fund Use Deviation for H1 FY27
AI Summary
Panchatv Bharat Ltd has submitted its Statement of Deviation or Variation in the utilization of IPO proceeds for the half-year ended September 30, 2026. The company confirms that the funds raised through its Initial Public Offering (IPO) have been utilized strictly in accordance with the objects stated in the Prospectus. The total amount raised was ₹2458.40 Lakhs. The Audit Committee and Board of Directors have reviewed and noted this confirmation. There has been no deviation or variation in the utilization of IPO proceeds during the reporting period.
Key Highlights
- No deviation reported in IPO fund utilization for H1 FY27.
- IPO proceeds of ₹2458.40 Lakhs used as per Prospectus.
- Audit Committee and Board of Directors have reviewed the statement.
- Confirmation submitted as per SEBI (LODR) Regulations, 2015.
Price Impact
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