As on :
05-Aug-26 19:26
Brigade Hotel Ventures Limited reported no deviation or variation in the utilization of funds raised through its Pre-IPO Placement of Rs 126 crore and Initial Public Offer of Rs 759.60 crore for the quarter ended June 30, 2026, according to a regulatory filing. The company noted that during the quarter, Rs 0.28 crore was utilized towards payment of tax deducted at source on issue expenses and Rs 0.21 crore was used for issue-related expenses, with both payments routed through the company’s overdraft account, resulting in the co-mingling of funds.
