JD Cables Limited submitted its monitoring agency report by CRISIL Ratings Limited for the quarter ended March 31, 2026. The report confirms that net IPO proceeds of ₹78.54 Crore have been fully utilized towards working capital, debt repayment, and general corporate purposes. No deviations from the stated objects in the offer document were reported.
JD Cables Limited's Board approved the draft Monitoring Agency Report for the quarter ended March 31, 2026, issued by CRISIL Ratings Limited. The report tracks the utilization of IPO proceeds. The Audit Committee also reviewed and recorded the report on April 20, 2026, ensuring regulatory compliance.
JD Cables Limited confirmed there were no deviations in the utilization of ₹84.41 Crore raised through its Initial Public Offering for the year ended March 31, 2026. The funds were fully utilized for working capital, debt repayment, general corporate purposes, and issue expenses. The report was reviewed and approved by the Audit Committee.
