Updater Services Ltd
Updater Services Ltd Q4 FY2026 Report: Monitoring Agency Confirms Proper Utilization of ₹640 Crore IPO Funds 📊
- Monitoring Agency Report for Q4 FY2026 submitted as per SEBI regulations.
- Total IPO issue size: ₹640 crores (net proceeds: ₹377.87 crores).
- Funds utilized for:
• Repayment of borrowings: ₹133 crores
• Working capital: ₹115 crores
• Inorganic initiatives: ₹80 crores
• General corporate purposes: ₹49.87 crores
- No delays or deviations in fund utilization.
- Report available on company website: www.uds.in.