Meta Infotech Ltd — Important, 11-11-2025: Company Update
11-11-2025 | 10:09 pm
11-11-2025 | 10:09 pm
Meta Infotech confirms it has utilized funds raised from its Initial Public Offering (IPO) for the half-year ended September 30, 2025, as planned, with no deviation. The company received net proceeds of approximately Rs. 17.48 Cr from its IPO, completed in July. These funds were primarily used for the repayment of borrowings (Rs. 15.35 Cr) and general corporate purposes (Rs. 0.02 Cr). Proposed capital expenditures for a new office and an experience center remain unutilized but are aligned with original plans. This update assures investors of transparent fund deployment as disclosed.
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