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As on : 11-Nov-2026
Corporate News
11-Nov-2026      17:48

Sham Foam Limited confirms no deviations in IPO proceeds use, per SEBI regulations

Sham Foam Limited informed the BSE that there were no deviations or variations in the utilization of proceeds from its Initial Public Offer during the half year ended September 30, 2026, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had raised Rs 4048.20 lakhs through the IPO on August 18, 2026, and unutilized funds have been kept in Bank FDRs and Current Account with Banks. The Audit Committee reviewed and approved the statement at a meeting held on November 4, 2026.

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