StockWatch
·
Computers - Software & Consulting
Rights Issue29 Oct 2026, 08:30 pm

3i Infotech: Monitoring Agency Report for Rights Issue Proceeds Q2 FY27

AI Summary

3i Infotech Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Rights Issue. The report, issued by Infomerics Valuation and Rating Limited, confirms nil deviation from the objects for which the rights issue funds were earmarked. The total rights issue aggregated to Rs. 64.10 crore. The report has been reviewed by the company's Audit Committee and is also available on the company's website.

Key Highlights

  • Monitoring Agency Report filed for Rights Issue proceeds utilization.
  • Quarter ended September 30, 2026, covered.
  • No deviation reported in the utilization of funds.
  • Rights Issue aggregated to Rs. 64.10 crore.
  • Report reviewed by Audit Committee.