Monthly Update12 Nov 2025, 04:53 pm
Patron Exim Ltd: No Deviation in Utilization of IPO Proceeds as of September 2025
AI Summary
Patron Exim Ltd, a company based in Ahmedabad, Gujarat, has reported no deviation or variation in the utilization of funds raised through its Initial Public Offerings (IPO) as of September 30, 2025. The statement of deviation or variation was reviewed by the Audit Committee and taken on record by the Board of Directors at their respective meetings held on November 12, 2025.
Key Highlights
- Patron Exim Ltd's IPO proceeds utilization is in line with the objects stated in the Prospectus dated February 15, 2023.
- The Statement of Deviation or Variation for the half year ended 30 September, 2025 has been reviewed by the Audit Committee and taken on record by the Board of Directors.
- The company has not reported any deviation or variation in the utilization of funds raised through its IPO.
Price Impact
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