
Quarterly Updates29 May 2026, 09:21 pm
Shreeji Shipping: Deviation Statement for Quarter Ended March 31, 2026
AI Summary
Shreeji Shipping Global Limited filed a statement of deviation/variation in utilization of funds raised through its IPO for the quarter ended March 31, 2026, in compliance with Regulation 32(1) of SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015. The IPO, which raised ₹4107.1 million, had its allotment on August 22, 2025. Crisil Ratings Limited is the monitoring agency. The audit committee reviewed the statement on May 29, 2026. There was no deviation/variation in the use of funds raised, and the net proceeds were revised due to lower issue expenses, with the balance added to General Corporate Purposes.
Key Highlights
- Shreeji Shipping reports no deviation in IPO fund utilization for Q1 2026.
- ₹4107.1 million was raised through the IPO on August 22, 2025.
- Net proceeds revised due to lower issue expenses, adding ₹3.37 million to general corporate purposes.
- Audit Committee reviewed the deviation statement on May 29, 2026.
- Crisil Ratings Limited is the monitoring agency for fund utilization.
Price Impact
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