Gem Aromatics Limited Fully Utilizes IPO Proceeds by Q4FY26
Published on: May 7, 2026, 12:07 a.m. | Source: scanx.trade
Gem Aromatics Limited has fully utilized its IPO proceeds of Rs 1,750.00 million by the quarter ended March 31, 2026. The funds were used for debt repayment and general corporate purposes, with no deviations from the offer document. CRISIL Ratings Limited confirmed the deployment in its final monitoring agency report.
