Regulatory13 May 2026, 09:51 pm
Yash Highvoltage: No Deviation in IPO Fund Utilization for FY26
AI Summary
Yash Highvoltage Ltd reports no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) for the financial year ended March 31, 2026. This is in compliance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The IPO took place on December 19, 2024, raising ₹93.51 Crores. The audit committee reviewed the statement on May 13, 2026.
Key Highlights
- Yash Highvoltage confirms no deviation in IPO fund utilization for FY26.
- IPO proceeds of ₹93.51 Crores were raised on December 19, 2024.
- Audit Committee reviewed the statement of fund utilization on May 13, 2026.
- Funds allocated for setting up a new factory: ₹7,033.98 Lacs, utilized: ₹6292.83 Lacs.
- Funds allocated for General Corporate Purposes: ₹1,476.15 Lacs, utilized: ₹785.71 Lacs.
Price Impact
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