LGT Global Hospitality confirmed no deviation in IPO proceeds use, raising Rs 21.92 crore Back

LGT Global Hospitality Limited, formerly known as LGT Business Connextions Limited, informed the BSE on August 13, 2026, that there was no deviation or variation in the use of proceeds raised through its Initial Public Offering (IPO) for the quarter ended June 30, 2026, as confirmed in “Annexure A.” The company had raised Rs 21.92 crore net of issue expenses on August 22, 2025, and Infomerics Ratings Limited serves as the monitoring agency.