Neptune Petrochemicals Limited — Others, 11-08-2025: Monitoring Agency Report

Neptune Petrochemicals has submitted its Monitoring Agency Report for the quarter ended June 30, 2025, concerning the utilization of its Rs. 73.20 crore Initial Public Offer (IPO) proceeds. The report confirms no deviation from the stated objects of the issue, indicating funds are being used as outlined in the offer document. During the quarter, Rs. 22.89 crore was utilized for working capital requirements. The remaining Rs. 50.31 crore of unutilized funds are held in fixed deposits and bank accounts. This update provides transparency on the deployment of IPO funds.