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Kasturi Metal confirms IPO funds are being utilized as per the prospectus
03-Nov-2026, 07:13

Kasturi Metal Composite Limited informed the BSE that the company’s audit committee reviewed a statement of deviation or variation in the utilization of funds raised through its Initial Public Offering (IPO) for the half year ended September 30, 2026, noting that funds are being utilized as per the objects stated in the prospectus. The company had raised Rs 1761.28 crore through the IPO on February 3, 2026.