IPO proceeds fully utilised with no deviation
SPCL · price
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IPO proceeds of Rs 6,432 lakh were fully utilised by September 30, 2026, with no deviation during the half year from the objects approved by shareholders on February 18, 2026. Major uses were Rs 3,002.75 lakh for working capital, Rs 842.65 lakh for capital expenditure, Rs 653.96 lakh for an acquisition and Rs 1,267.77 lakh for general corporate expenses, plus Rs 664.87 lakh for IPO expenses. This is the final proceeds filing.
Neutral for shareholders: all IPO funds are deployed as approved, reducing funding-use uncertainty. No new financial impact was disclosed.