TBO Tek Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
TBOTEK · price
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TBO Tek Limited filed its quarterly statement under SEBI Regulation 32 for the quarter ending March 31, 2026. The company raised Rs. 400 crore via its Initial Public Offer (IPO) on May 13, 2024. Monitoring is handled by CARE Ratings Limited. The filing confirms there is NO deviation or variation in how the IPO funds have been utilized — all proceeds are being used as per the originally stated objects. Both the Audit Committee and auditors have reviewed and confirmed nil comments, meaning the fund utilization is on track with no issues flagged.
No material impact. The absence of any deviation is a positive signal that the company is executing its IPO plans as committed, with proper oversight from the monitoring agency.