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Stanley Lifestyles confirms no deviation in IPO fund utilization for the quarter ended June 30. Out of ₹200 Cr net IPO proceeds, ₹71.90 Cr has been utilized for new stores, renovations, capital expenditure, and general corporate purposes. The remaining ₹128.10 Cr is primarily invested in fixed deposits, earning interest. While capex is complete and GCP largely utilized, some new store openings and renovations face minor delays, now expected by FY2026, ensuring strategic expansion remains on track.