M & B Engineering Ltd

📊 M&B Engineering Reports No Deviation in IPO Fund Usage for Q1 2026

- Raised Rs. 275 Crores through fresh issue on August 4, 2025

- Rs. 14.87 Crores utilized for capital expenditure

- Rs. 58.75 Crores allocated for loan repayment

- Rs. 64.18 Crores directed to general corporate purposes

- Rs. 5.2 Crores originally set for IT software upgradation remained unused