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    ALPHA TRIBE

    Belrise Industries Limited — Updates, 14-08-2026: General Updates

    14-08-2026 | 07:33 pm

    Belrise Industries confirms IPO proceeds utilization. The Rs 2,150 Cr IPO saw Rs 1,596.02 Cr for debt repayment fully used. General Corporate Purposes (GCP) utilized Rs 36.42 Cr for working capital this quarter. Remaining unutilized proceeds total Rs 6.82 Cr, fully in line with disclosures.

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