Rajputana Stainless Limited (RSL) — Board Meeting | 14 May 2026

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Rajputana Stainless Limited disclosed its Monitoring Agency Report for the March 2026 quarter, confirming Rs.178.73 crore IPO proceeds utilization across capital expenditure, general corporate purposes, and escrow balances. The report validates compliance with SEBI regulations, noting no deviations from offer objectives and full utilization of funds as per schedule, with minor delays in land acquisition for expansion. Board approvals were secured for deployment plans, and unused balances will carry forward to the next fiscal year.

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About Rajputana Stainless Limited (RSL)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹1,158.83 Cr

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