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Gulf Lloyds (INDIA) Limited informed the BSE that there was no deviation or variation in the use of proceeds from its initial public offering for the half-year ended September 30, 2026, as confirmed in a statement reviewed and approved by the company’s Audit Committee on October 9, 2026. The company had raised Rs 1,819.20 lakh through the IPO on the BSE SME platform on July 23, 2026, issuing 18,19,200 equity shares at Rs 100 per share.
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