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Unimech Aerospace reports fund utilization deviation for its Rs 2500 million IPO
03-Aug-2026, 08:41
Unimech Aerospace and Manufacturing Limited informed the National Stock Exchange of India Ltd. and BSE Limited that it has experienced a deviation or variation in the utilization of funds raised through its Initial Public Offering on December 31, 2024, amounting to Rs 2500 millions, due to changes in business dynamics, vendor variations, long-term objectives, growth through inorganic routes, mergers and acquisitions, greenfield projects, and joint ventures, as approved by shareholders on December 17, 2025.
Unimech Aerospace and Manufacturing Limited informed the National Stock Exchange of India Ltd. and BSE Limited that it has experienced a deviation or variation in the utilization of funds raised through its Initial Public Offering on December 31, 2024, amounting to Rs 2500 millions, due to changes in business dynamics, vendor variations, long-term objectives, growth through inorganic routes, mergers and acquisitions, greenfield projects, and joint ventures, as approved by shareholders on December 17, 2025.