Regulatory14 Aug 2026, 06:27 pm
Ace Alpha Tech: Monitoring Agency Report for IPO Proceeds Q4 FY26
AI Summary
Ace Alpha Tech Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by CARE Ratings Limited. This report, mandated by SEBI regulations, details the utilization of proceeds from the company's Initial Public Offer (IPO). The IPO raised Rs. 24.88 crore. The report confirms no deviation from the objects of the issue for the specified quarter. CARE Ratings Limited acts as the monitoring agency appointed to oversee the utilization of these IPO funds.
Key Highlights
- Monitoring Agency Report for Q4 FY26 submitted by Ace Alpha Tech.
- Report pertains to utilization of IPO proceeds amounting to Rs. 24.88 crore.
- Issued by CARE Ratings Limited, the appointed monitoring agency.
- No deviation from the IPO objects was reported for the quarter.
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Price Impact
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