Regulatory29 May 2026, 07:53 pm
Yashhtej Industries: No Deviation in IPO Proceeds Utilization
AI Summary
Yashhtej Industries (India) Ltd confirms no deviation or variation in the utilization of IPO proceeds for the quarter and year ended March 31, 2026. The utilization of funds remains in line with the purposes stated in the "Objects of the Issue" section of the Prospectus. The Audit Committee reviewed and noted no deviation/variation in the use of funds raised. The IPO allotment date was February 23, 2026, with ₹8,887.56 Lakh raised.
Key Highlights
- Yashhtej Industries confirms no deviation in IPO proceeds utilization as of March 31, 2026.
- Funds utilized align with the "Objects of the Issue" section of the IPO Prospectus.
- Audit Committee review found no deviation or variation in fund usage.
- ₹8,887.56 Lakh was raised through the IPO on February 23, 2026.
- Original allocation for capital expenditures was ₹6,388.29 Lakh, with ₹825.00 Lakh utilized.
Price Impact
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