Udayshivakumar Infra Limited Files Regulation 32 Statement for Q4FY26: No Deviation in IPO Fund Utilisation
Published on: May 9, 2026, 3:45 p.m. | Source: scanx.trade
Udayshivakumar Infra Limited has filed its Regulation 32 statement for Q4FY26, confirming no deviation or variation in the utilisation of IPO funds raised in March 2023. The company had raised INR 6,599 Lakhs by allotting 1,88,57,142 equity shares at ₹35 per share, with proceeds earmarked for working capital requirements and general corporate purposes. As of 31st March 2026, Issue Expenses of 484.16 Lakhs and working capital allocation of 4,500.00 Lakhs have been fully utilised, while general corporate purposes have seen partial utilisation of 1,028.95 Lakhs against an allocation of 1,615.84 Lakhs. Unutilised proceeds remain parked in bank accounts and deposits with State Bank of India.
