Corporate Governance21 Oct 2026, 06:30 pm
Yash Highvoltage: IPO Fund Utilization Statement for Q2 FY27
AI Summary
Yash Highvoltage Limited has submitted its Statement of Deviation or Variation in Utilization of IPO Funds for the quarter ended September 30, 2026. The statement, reviewed by the Audit Committee, indicates no deviation or variation in the utilization of funds raised through its Initial Public Issue. The funds were originally earmarked for setting up a new factory, general corporate purposes, and issue expenses. The company has confirmed that there has been no deviation from the approved objects for which the funds were raised.
Key Highlights
- Statement of Deviation/Variation in IPO fund utilization filed.
- Covers the quarter ended September 30, 2026.
- No deviation or variation reported in fund utilization.
- Funds were for new factory, general corporate purposes, and issue expenses.
- Reviewed by the Audit Committee.
Price Impact
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