Capitalnumbers Infotech Ltd — Important, 28-05-2026: Company Update

CapitalNumbers Infotech Limited disclosed the utilization of its Initial Public Offer (IPO) proceeds. Out of ₹84.69 Cr allocated, ₹69.34 Cr was utilized. A prior error in accounting for ₹21.17 Cr of issue-related expenses was corrected; expenses attributable to the Offer for Sale (OFS) portion, totaling ₹11.40 Cr, were recovered. The company plans to modify the related object clause for IPO proceeds, pending approval at upcoming Board and Shareholders' Meetings. This update provides clarity on fund deployment and ensures proper financial reporting to shareholders.