ReferIndia News Magenta Lifecare Reports No Deviations in IPO Fund Utilization for Half Year Ended September 2025

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Magenta Lifecare Reports No Deviations in IPO Fund Utilization for Half Year Ended September 2025

Published on: Dec. 20, 2025, 5:59 p.m. | Source: scanx.trade

Magenta Lifecare Limited has confirmed no deviations in IPO fund utilization for the half year ended September 30, 2025, in a compliance filing with BSE. The company allocated ₹424.00 lakhs for incremental working capital requirements and ₹174.00 lakhs for general corporate purposes, exactly as originally planned, demonstrating complete adherence to stated fund utilization objectives.

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