Monika Alcobev Ltd — Important, 05-08-2026: Company Update

Monika Alcobev Limited's Monitoring Agency, Acuité Ratings & Research, has released its report on the utilization of IPO proceeds for the quarter ended June 30, 2026. The report states no deviation from the stated objects for which the funds were raised. The company raised 137.03 Cr through its IPO. All funds have been fully utilized, with 100.64 Cr allocated to working capital, 11.45 Cr for debt repayment, 7.77 Cr for general corporate expenses, and 17.17 Cr for issue expenses. This confirms the company is using investor funds as planned, providing transparency on capital deployment.