Aztec Fluids & Machinery Ltd

Aztec Fluids & Machinery Ltd: IPO Funds Fully Utilized as Planned 📊

- IPO proceeds raised on May 16, 2024, were fully utilized as per original objectives.

- Acquisition of equity shares in Jet Inks Private Limited: ₹139,967,633 used (₹32,367 pending due to RBI compliance).

- Repayment of borrowings: ₹37,200,000 fully utilized.

- General Corporate Purposes: ₹64,000,000 fully utilized.

- No deviations or variations in fund utilization reported.