
Regulatory12 Nov 2026, 09:11 pm
Wakefit Innovations: Monitoring Agency Report for Q2 FY27
AI Summary
Wakefit Innovations Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. The report, issued by CARE Ratings Limited, covers the utilization of proceeds from the company's Pre-Initial Public Offer (Pre-IPO) and Initial Public Offer (IPO). The total issue size was Rs. 56.00 crore. For the quarter, there were no deviations from the stated objects of the issue. The unutilized amount remains parked in fixed deposits. The company confirmed that funds are intended for General Corporate Purposes (GCP) and no specific approvals were required for this allocation.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted.
- No deviation in utilization of Pre-IPO/IPO proceeds.
- Rs. 56.00 crore raised from Pre-IPO/IPO.
- Funds allocated for General Corporate Purposes.
- Unutilized proceeds parked in fixed deposits.
Price Impact
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