International Gemmological Institute (India) Limited Files Q3FY26 Monitoring Agency Report
Published on: Jan. 27, 2026, 6:04 p.m. | Source: scanx.trade
International Gemmological Institute (India) Limited submitted its Q3FY26 monitoring agency report showing compliant utilization of IPO proceeds. Out of INR 1,475.00 crore monitored funds, INR 1,447.787 crore has been utilized with INR 27.213 crore remaining. The company successfully completed the INR 1,300.00 crore acquisition of IGI Belgium and Netherlands groups, while deploying INR 84.740 crore for general corporate purposes. Unutilized funds are invested in fixed deposits earning 7.55% returns.
