M & B Engineering Limited Files Q3 FY26 Monitoring Report for IPO Proceeds Utilization
Published on: Feb. 11, 2026, 3:22 p.m. | Source: scanx.trade
M & B Engineering Limited submitted its Q3 FY26 monitoring agency report showing utilization of Rs 27.68 million during the quarter from its Rs 2,750.00 million IPO proceeds. The company has cumulatively utilized Rs 1,429.04 million with Rs 1,320.96 million remaining unutilized. Funds are being deployed across capital expenditure, loan repayment, IT upgradation, and general corporate purposes, with Crisil Ratings confirming no deviations from stated objectives.
