Udayshivakumar Infra Limited — Important, 14-08-2025: General Updates

UDAYSHIVAKUMAR INFRA confirmed no deviation in its IPO fund utilization for the quarter ended June 2025. The company raised ₹65.99 Cr from its IPO. Funds were primarily allocated for incremental working capital (₹45.00 Cr utilized as planned), general corporate purposes (₹10.29 Cr utilized out of ₹16.16 Cr allocated), and IPO expenses (₹4.84 Cr utilized as planned). Unutilized proceeds are currently parked in bank accounts. This indicates prudent financial management.