04-Nov-2026 14:06:40
MANIKAGeneral news
MANIKA PLASTECH : NO DEVIATION IN UTILISATION OF RS 10.86 CR IPO PROCEEDS
• Board approved unaudited standalone and consolidated results for Q2/H1 FY27; financials enclosed as Annexure-A, with no figures disclosed. • IPO fresh issue was ₹92.50 Cr, allotment September 17, 2026; issue expenses ₹10.86 Cr and net proceeds ₹81.64 Cr. • Audit committee and Brickwork Ratings monitoring agency noted no deviation for quarter ended September 30, 2026. Impact: IPO proceeds utilization remains on track with no deviation flagged.
Manika Plastech Limited
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