Corporate News

Injecto Polymers confirms Rs 56.12 crore IPO fund utilisation aligns with original plan As On :11-Nov-26 18:54

Injecto Polymers Limited informed the BSE Limited on November 11, 2026, that there was no deviation or variation in the utilisation of Rs 56.12 crore funds raised through its Initial Public Offer (IPO) as of September 30, 2026, according to a filing reviewed and approved by the company's Audit Committee and Board of Directors. The company allocated Rs 30.50 crore for capital expenditure towards setting up Phase IV at its manufacturing facility in West Bengal, Rs 7.28 crore for general corporate purposes, and Rs 8.34 crore for issue expenses.