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Stanbik Agro Reports ₹6.18 Crore IPO Proceeds Still Unutilised


13 August 2026
Stanbik Agro Ltd.

Monitoring agency reported no deviation in IPO fund objects but delayed utilisation beyond FY26. Of ₹12.28 crore raised, ₹6.09 crore was utilised by June 30, 2026; ₹6.13 crore remained in the public issue account. Retail outlet expansion was delayed pending outlet-owner agreements.


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