Shanti Gold International IPO Proceeds Monitoring Report Issued

Shanti Gold International Ltd has submitted its Monitoring Agency Report for Q1 FY 2026-27, detailing the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by Acuité Ratings & Research Limited, confirms no deviation from the stated objects of the issue. The utilization of funds is in line with the offer document disclosures. The Audit Committee reviewed the statement on August 13, 2026. While utilization is noted as delayed, no material deviations or changes in the means of finance were observed. No government approvals were required for the objects, and no favorable or unfavorable events significantly impacting viability were identified.