Regulatory27 Oct 2026, 05:50 pm
Prabhu Steel: No Deviation in IPO Proceeds Use for Q2 FY27
AI Summary
Prabhu Steel Industries Ltd has confirmed that there has been no deviation or variation in the utilization of funds raised from its Initial Public Offering (IPO). This declaration is made pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended September 30, 2026. Consequently, the company is not required to submit a Statement of Deviation(s) or Variation(s).
Key Highlights
- No deviation in IPO proceeds utilization confirmed.
- Filing made as per SEBI LODR Regulations, 2015.
- Statement of Deviation not applicable for the quarter.
- Ensures compliance with listing requirements.
Price Impact
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