Shree Ram Twistex: IPO Proceeds Monitoring Report for Q2 FY27

Shree Ram Twistex Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by CRISIL RATINGS LIMITED, details the utilization of proceeds from the company's Initial Public Offer (IPO). The utilization was found to be different from the original objects stated in the offer document but aligned with changes approved by a shareholder's resolution, with a deviation of up to 10%. The IPO, which raised ₹10,523.55 lakh in net proceeds after expenses of ₹500.45 lakh from gross proceeds of ₹11,024.00 lakh, was conducted from February 23-25, 2026.