Corporate Governance29 Oct 2026, 04:51 pm
Shadowfax Technologies IPO Proceeds Monitoring Report Filed
AI Summary
Shadowfax Technologies Ltd has filed its Monitoring Agency Report for the quarter and half-year ended September 30, 2026. Issued by CARE Ratings Limited, the report details the utilization of proceeds from the company's Initial Public Offering (IPO). The IPO, which raised Rs. 1,000 crore (fresh issue), had a total utilization of Rs. 942.58 crore after issue expenses. The report confirms nil deviation from the stated objects of the issue, with Rs. 101.67 crore utilized in Q2 FY27. The company has provided necessary certifications and disclosures as per SEBI regulations, and the report is available on the company's investor relations website.
Key Highlights
- Monitoring Agency Report for Shadowfax Technologies' IPO proceeds filed.
- Report covers utilization for quarter and half-year ended September 30, 2026.
- CARE Ratings confirms nil deviation in utilization of IPO funds.
- Rs. 101.67 crore utilized in Q2 FY27 towards IPO objects.
- Report filed as per SEBI Listing Obligations and Disclosure Requirements.
Price Impact
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