Chatterbox Technologies closes public issue and anchor investor bank accounts
Chatterbox Technologies Limited closed its public issue, anchor investor, and refund accounts with Axis Bank following Board approval on July 30, 2026. The Board also reviewed the Monitoring Agency's report on fund deviations for Q4FY27.

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The Board of Directors of Chatterbox Technologies approved the closure of four key bank accounts associated with its public issue during a meeting held on July 30, 2026. The decision marks the finalization of post-issue fund management procedures for the company. Alongside the account closures, the Board considered the report from the Monitoring Agency regarding the Statement of Deviation or Variation of Funds for the quarter ended June 30, 2026, accompanied by a certificate from the Statutory Auditors.
The meeting, conducted via video conferencing at the company’s registered office in Mumbai, focused on regulatory compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board’s approval ensures that all proceeds from the public issue have been utilized as per approved plans or returned to investors, allowing for the formal winding down of temporary banking arrangements.
Account Closures Approved
The Board authorized the closure of the following accounts held with Axis Bank Limited:
| Account Type | Account Number |
|---|---|
| Public Issue Account | 925020032106471 |
| Anchor Investor R A/c | 925020032106497 |
| Anchor Investor NR A/c | 925020032106510 |
| Refund A/c | 925020032106549 |
These accounts were established to manage the inflow of funds from retail and anchor investors, as well as to handle any necessary refunds during the public issue process. Their closure indicates that all transactions related to these specific funds have been completed.
Fund Utilization Review
The approval of the Monitoring Agency’s report signifies that the company has met its disclosure obligations regarding the utilization of public issue proceeds. The Statement of Deviation or Variation of Funds provides transparency into how the raised capital was deployed against the intended purposes outlined in the prospectus. The inclusion of the Statutory Auditors’ certificate adds a layer of verification to the fund usage data for the quarter ended June 30, 2026.
The Board meeting commenced at 8:30 P.M. and concluded at 8:45 P.M. Rajnandan Mishra, Managing Director, signed the disclosure notice submitted to the Bombay Stock Exchange Limited.
Historical Stock Returns for Chatterbox Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.17% | -9.78% | -28.14% | -27.09% | -67.83% | -67.83% |
How will the full utilization of public issue proceeds impact Chatterbox Technologies' projected revenue growth and market expansion strategies for FY2027?
Are there any remaining deviations in fund utilization that could trigger regulatory scrutiny or require further disclosures under SEBI regulations?
What is the company's current cash position post-account closure, and does it indicate sufficient liquidity for upcoming operational needs or potential debt repayment?


































