ALPHA TRIBE

Hemant Surgical Industries LtdImportant, 12-11-2025: Company Update

12-11-2025 | 06:05 pm

Hemant Surgical Industries has announced there is no deviation in the utilization of funds raised through its Initial Public Offer. The company confirmed that the net proceeds of 24.84 Cr from the IPO, which concluded in May 2023, have been fully utilized as originally planned for public issue expenses, working capital requirements, capital expenditure, and general corporate purposes. This update assures shareholders that funds are being deployed transparently and as per disclosed objectives.

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