Corporate Governance30 Oct 2026, 02:30 pm
Sampark India Logistics: No IPO Fund Use Deviation for H1 FY27
AI Summary
Sampark India Logistics Ltd has reported that there were no deviations or variations in the utilization of its Initial Public Offer (IPO) proceeds for the half-year ended September 30, 2026. The company raised ₹2721.60 Lakhs (₹27.22 Crore) through its IPO on July 07, 2026. The funds were allocated for Working Capital (₹1972.61 Lakhs), General Corporate Purposes (₹400.00 Lakhs), and Issue Expenses (₹349.44 Lakhs). The Audit Committee reviewed this statement on October 30, 2026, and found no issues. This filing confirms adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- No deviation in IPO fund utilization for H1 FY27.
- IPO proceeds of ₹2721.60 Lakhs raised on July 07, 2026.
- Funds utilized for Working Capital, General Corporate Purposes, and Issue Expenses.
- Audit Committee reviewed and approved the statement.
- Confirms compliance with SEBI regulations.
Price Impact
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