Quality Power Electrical Equipments Limited — Others, 14-08-2025: Monitoring Agency Report

Quality Power Electrical Equipments Limited has submitted its monitoring report and statement on fund utilization for the quarter ended June 30, 2025. The company confirms no deviation in the use of proceeds from its Initial Public Offer (IPO), which raised 225.01 Crore through the fresh issue on February 20, 2025. Funds were earmarked for purposes like acquisition, capital expenditure, and issue-related expenses. This report assures shareholders that the IPO funds are being deployed as per the original plan, providing transparency on capital allocation.