Happy Forgings Limited Files Q3FY26 Monitoring Agency Report with No Deviations from IPO Objects
Published on: Feb. 9, 2026, 3:44 p.m. | Source: scanx.trade
Happy Forgings Limited submitted its Q3FY26 monitoring agency report showing no deviation from IPO objects, with ₹301.354 crore utilized out of ₹377.823 crore net proceeds. Equipment purchases remain in progress with ₹76.469 crore pending deployment, while borrowing prepayments and general corporate purposes are completed. Unutilized funds of ₹76.502 crore are invested in fixed deposits earning 8.20% returns.
