Regulatory10 Aug 2026, 07:30 pm
Adcounty Media India: IPO Proceeds Utilization Report Filed
AI Summary
Adcounty Media India Ltd has filed its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds raised through its Initial Public Offer (IPO). The report, issued by Acuité Ratings and Research Limited, confirms no deviation from the objects stated in the Offer Document. The utilization of IPO proceeds has been reviewed by the Audit Committee and taken on record by the Board of Directors on August 10, 2026. The company raised ₹50.69 Cr through its public issue between June 27, 2025, and July 01, 2025.
Key Highlights
- Monitoring Agency Report confirms no deviation in IPO fund utilization.
- Report covers utilization for the quarter ended June 30, 2026.
- Audit Committee and Board of Directors have reviewed and approved the report.
- IPO proceeds of ₹50.69 Cr were raised in June-July 2025.
Price Impact
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