Regulatory8 Aug 2026, 05:10 pm
ABFRL: No Deviation in Fund Utilization for Q2 FY27
AI Summary
Aditya Birla Fashion and Retail Ltd (ABFRL) has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The reports, issued by Axis Bank Limited for the Rights Issue and ICRA Limited for the Preferential Issue, confirm that there has been no deviation or variation in the utilization of funds. The company has made these reports available on its website. The monitoring is conducted as per SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018.
Key Highlights
- ABFRL reports no deviation in fund utilization for Q2 FY27.
- Axis Bank and ICRA Limited monitored the utilization of funds.
- Reports cover proceeds from Rights Issue and Preferential Issue.
- Compliance with SEBI regulations confirmed.
- Information available on the company's website.
Price Impact
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