StockWatch
·
2/3 Wheelers
Regulatory30 May 2026, 05:53 pm

Zelio E Mobility: No Deviation in IPO Proceeds Utilization

AI Summary

Zelio E Mobility Ltd confirms no deviation in the use of IPO proceeds for the half year ended March 31, 2026, as per Regulation 32 of the SEBI (LODR) Regulations, 2015. The IPO raised ₹62.84 Crs on October 8, 2025. The audit committee reviewed and approved the statement confirming the proper utilization of funds. Brickwork Ratings India Private Limited is the monitoring agency.

Key Highlights

  • Zelio E Mobility confirms no IPO proceeds deviation for H1 FY26.
  • IPO raised ₹62.84 Crs on October 8, 2025.
  • Audit Committee approved the statement on May 28, 2026.
  • Brickwork Ratings India Private Limited is the monitoring agency.