Shree Ram Twistex: IPO Proceeds Utilization Report for Q2 2026

Shree Ram Twistex Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by CRISIL RATINGS LIMITED, indicates that the utilization of funds was different from the original objects stated in the offer document but aligned with changes approved by shareholders. The deviation was within a range of up to 10%. The IPO, which concluded on February 25, 2026, raised ₹11,024.00 lakh in gross proceeds, with net proceeds amounting to ₹10,523.55 lakh after deducting offer expenses of ₹500.45 lakh. Crisil Ratings monitors the gross proceeds.