Cryogenic Ogs Ltd — Important, 30-04-2026: Company Update

Cryogenic OGS Limited has reported on the utilization of funds from its Initial Public Offer (IPO), which raised 17.76 Crore. For the half-year ending March 31, 2026, the company confirmed there is no deviation or variation in how these funds have been used compared to the original stated objectives. The IPO funds were allocated for working capital (11.50 Cr), general corporate purposes (3.96 Cr), and issue-related expenses (2.30 Cr). This update provides transparency on the responsible deployment of capital, assuring shareholders that funds are being used as intended.