Unisem Agritech: No Deviation in IPO Fund Utilization as of Mar 2026

Unisem Agritech Limited has submitted its Statement of Deviation(s) or Variation(s) regarding the utilization of Initial Public Offer (IPO) proceeds as of March 31, 2026. The company confirmed that the IPO proceeds were utilized in accordance with the objectives stated in the Offer Document. This statement, certified by M/s. SKSVM & Co., Chartered Accountants, was reviewed by the Audit Committee and Board of Directors on May 25, 2026. A minor adjustment involved reducing the allocation for General Corporate Purpose by ₹78.06 lakhs to cover higher-than-estimated Issue related expenses, as permitted by the prospectus. The total IPO proceeds of ₹2,145.00 lakhs were fully utilized.