CFF Fluid Control Ltd

🔍 CFF Fluid Control Reports Fund Reallocation from IPO Proceeds

- CFF Fluid Control raised ₹87.75 crore via IPO on July 14, 2025.

- Deviations noted in fund use for General Corporate Purpose & Issue Expenses.

- ₹27.51 lakhs from unutilized issue expenses shifted to General Corporate Purpose.

- Original allocations: ₹72.6M (Working Capital), ₹8.33M (General Corporate Purpose), ₹6.82M (Issue Expenses).

- Working Capital funds fully utilized; partial use for other categories.

- No shareholder approval needed for reallocation (no contract/object changes).

- Audit Committee reviewed deviations—no objections raised.