Laser Power & Infra Limited has officially confirmed that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO). This confirmation pertains to the financial quarter that concluded on September 30, 2026. The company is providing this statement in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
IPO Proceeds Utilization Statement
Laser Power & Infra Limited has submitted a formal disclosure to the stock exchanges, confirming its compliance with the utilization of funds raised via its Initial Public Offer (IPO). The statement addresses the period ending September 30, 2026.
Regulatory Compliance
As per the requirements of Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company hereby asserts that no deviation or variation has occurred in the deployment of IPO proceeds during the specified quarter. This declaration is a standard procedural confirmation for listed entities.
Quarterly Confirmation
The company has enclosed a detailed statement to this effect. This confirms that the funds raised through the IPO have been utilized strictly in accordance with the objects for which they were raised, with no alterations or unexpected diversions during the financial quarter that ended on September 30, 2026.
Source: BSE
