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Pharma company revises ₹100 crore IPO fund utilisation plan
short by / on Tuesday, 30 June, 2026
Senores Pharmaceuticals has approved the reallocation of ₹100.02 crore from its ₹500 crore IPO proceeds, subject to shareholder approval through a postal ballot. The proposal, recommended by the Audit Committee, aims to align capital allocation with evolving business priorities and expansion opportunities while ensuring transparent utilisation of IPO funds.