Pajson Agro India Limited Discloses Deviation in IPO Proceeds Utilisation for Half Year Ended March 31, 2026
Published on: May 7, 2026, 6:59 p.m. | Source: scanx.trade
Pajson Agro India Limited disclosed a deviation in its IPO proceeds utilisation for the half year ended March 31, 2026, under Regulation 32 of SEBI (LODR) Regulations, 2015. The company, which raised ₹74.45 crore through a Public Issue-SME IPO with allotment on December 16, 2025, reallocated ₹1.96 crore from issue expenses to General Corporate Purposes after actual issue expenses came in at ₹7.02 crore against the estimated ₹8.98 crore. The reallocation was shareholder-approved on August 26, 2025, and reviewed by the Audit Committee. Capital expenditure allocation for the second cashew processing facility at Vizianagaram, Andhra Pradesh, remained unchanged at ₹57.00 crore.
