
Regulatory28 May 2026, 11:06 pm
TGIF Agribusiness: No IPO Fund Deviation, Internal Auditor Appointed
AI Summary
TGIF Agribusiness Limited's Board approved the Audited Financial Results for the Half-Year and Financial Year ended March 31, 2026, with an unmodified auditor's report. The company also announced the appointment of Ms. Zalak Chokshi as the Internal Auditor for FY 2026-27. Crucially, the Statement of Deviation/Variation in the utilization of funds raised through its Initial Public Offer (IPO) confirmed no deviation from the objects stated in the prospectus, with all funds utilized as planned.
Key Highlights
- Board approved Audited Financial Results for FY26 with unmodified auditor's report.
- Ms. Zalak Chokshi appointed as Internal Auditor for FY27.
- No deviation reported in IPO fund utilization from prospectus.
- IPO funds of ₹6.39 Cr utilized as per original objects.
Price Impact
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