ReferIndia News Sharvaya Metals Limited Files Q2FY26 IPO Proceeds Monitoring Report

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Sharvaya Metals Limited Files Q2FY26 IPO Proceeds Monitoring Report

Published on: Feb. 24, 2026, 3:38 p.m. | Source: scanx.trade

Sharvaya Metals Limited filed its Q2FY26 monitoring agency report showing utilization of Rs. 12.73 crore from Rs. 49.00 crore IPO proceeds. The company deployed Rs. 5.98 crore for working capital, Rs. 0.16 crore for civil construction, and Rs. 1.00 crore for general corporate purposes. Infomerics Valuation and Rating Limited reported no deviations from stated objectives, with Rs. 36.27 crore remaining unutilized for planned aluminium extrusion facility expansion.

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