LGT Business Connextions Reports Compliant IPO Proceeds Utilization in Q3 FY26 Monitoring Report
Published on: Feb. 15, 2026, 3:07 p.m. | Source: scanx.trade
LGT Business Connextions Limited submitted its Q3 FY26 monitoring agency report confirming compliant utilization of ₹21.92 crore IPO proceeds with no deviations from stated objects. The company has utilized ₹10.50 crore across capital expenditure, working capital, and general corporate purposes, with ₹11.42 crore remaining unutilized and deployed in fixed deposits. Infomerics Valuation and Rating Limited reported no implementation delays, with all activities progressing as planned within the FY 2025-26 timeline.
