Updater Services: Monitoring Agency Report for IPO Proceeds Q2 FY27

Updater Services Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. The report, issued by ICRA Limited, confirms that the utilization of Initial Public Offer (IPO) proceeds is in line with the objects of the issue, with no deviation observed. The company's IPO, which opened on September 25, 2023, and closed on September 27, 2023, had an issue size of ₹640.00 Crore. This report is a final submission from the Monitoring Agency.