Shree Ram Twistex Fund Raise of ₹110.2 Cr
Shree Ram Twistex reported no deviations in the utilisation of ₹110.24 Crore raised through its IPO. Funds were deployed across solar, wind projects, and working capital.
- Value
- ₹110.2 Cr
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Shree Ram Twistex reported no deviations in the utilisation of ₹110.24 Crore raised through its IPO. Funds were deployed across solar, wind projects, and working capital.
Shree Ram Twistex Ltd board approved a variation in the objects and timeline for utilizing IPO proceeds, specifically relating to its Wind Power Project. The company also appointed M/s Sonu Jain & Co. as Scrutinizer for a related postal ballot and finalized the shareholder cut-off date as April 24, 2026.
Shree Ram Twistex Ltd will hold a board meeting on April 23, 2026, to consider variations in the utilization of IPO proceeds. The company also announced a trading window closure for designated persons until June 02, 2026, following the declaration of postal ballot results.