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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vandan Foods submitted a regulatory disclosure confirming there is no deviation or variation in the use of its IPO proceeds as per the objects stated in the prospectus. The company raised Rs. 30.36 crores through its IPO in July 2025 and has utilized Rs. 29.88 crores (about 98.4%) by September 30, 2025. The unutilized amount of Rs. 0.48 crores is spread across borrowing repayment (Rs. 0.19 cr), issue expenses (Rs. 0.22 cr), and Dhinoj facility CAPEX (Rs. 0.07 cr). The disclosure has been reviewed by the Audit Committee and certified by statutory auditors Piyush Kothari & Associates.
This is a routine compliance filing and positive signal — it confirms IPO funds were deployed as promised with no misuse or deviation. For shareholders, it reinforces management discipline in capital allocation, though the stock price impact is likely minimal as no surprises were revealed.