Afcom Holdings: Monitoring Agency Report for Preferential Allotment

Afcom Holdings Ltd has submitted its third Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its preferential issue of Equity Shares and Convertible Warrants. The total funds raised amounted to ₹207.19 Crore. Brickwork Ratings India Private Limited, the Monitoring Agency, has reported no deviation from the stated objects of the issue. As of September 30, 2026, the company had received ₹147.76 Crore against the total issue proceeds. Specifically, ₹104.47 Crore was received for Equity Shares and ₹43.29 Crore for Warrants. The report confirms that the utilization of funds aligns with the objects of the issue.