Sugs Lloyd Limited Submits Q3 FY26 Monitoring Agency Report for IPO Proceeds Utilization
Published on: Feb. 5, 2026, 10:37 p.m. | Source: scanx.trade
Sugs Lloyd Limited submitted its Q3 FY26 monitoring agency report showing utilization of INR 73.71 crores from its INR 85.66 crore IPO proceeds raised in August-September 2025. The company has deployed funds across working capital requirements (INR 52.54 crores), general corporate purposes (INR 9.43 crores), and public issue expenses (INR 11.74 crores). The remaining INR 11.94 crores is invested in fixed deposits earning 4-6% returns. Acuite Ratings confirmed no deviations from stated objects and proper compliance with SEBI regulations.
