Corporate Governance30 Oct 2026, 02:09 pm
Aditya Birla Capital: No Deviation in Preferential Issue Proceeds Utilization
AI Summary
Aditya Birla Capital Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by India Ratings & Research Private Limited, confirms that there has been no deviation in the utilization of proceeds raised through a Preferential Issue. This compliance is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company's statutory auditor, KKC & Associates LLP, also certified that the proceeds were used as per the stated objects.
Key Highlights
- Monitoring Agency Report confirms no deviation in fund utilization.
- Report covers proceeds from Preferential Issue.
- Compliance with SEBI regulations verified.
- Statutory Auditor also confirmed adherence to objects.
- Covers the quarter ended September 30, 2026.
Price Impact
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