Corporate Governance13 Nov 2026, 08:21 pm
Adcounty Media India: Monitoring Agency Report for IPO Proceeds
AI Summary
Adcounty Media India Ltd has submitted its Monitoring Agency Report for the half-year ended September 30, 2026. The report, issued by Acuité Ratings and Research Limited, confirms no deviation in the utilization of funds raised through its Initial Public Offer (IPO). The IPO, which occurred between June 27, 2025, and July 01, 2025, raised ₹50.69 Crore. The report was reviewed by the Audit Committee and taken on record by the Board of Directors on November 13, 2026. No unfavorable events affecting the viability of the objects or other material information impacting investor decisions were noted.
Key Highlights
- No deviation in IPO fund utilization reported for H1 FY27.
- Monitoring Agency: Acuité Ratings and Research Limited.
- IPO raised ₹50.69 Crore between June 27 - July 01, 2025.
- Report reviewed by Audit Committee and Board of Directors.
- No unfavorable events impacting project viability identified.
Price Impact
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