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Corporate Governance12 Nov 2026, 11:21 pm

Afcom Holdings: Monitoring Agency Report for QIP Proceeds

AI Summary

Afcom Holdings Ltd has submitted its Second Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Qualified Institutional Placement (QIP) of Equity Shares. The report, issued by Brickwork Ratings India Private Limited, confirms no deviation from the stated objects for the utilization of the ₹199.85 Crore raised. The company will also host this report on its website.

Key Highlights

  • Monitoring Agency Report for QIP proceeds submitted for Q3 2026.
  • ₹199.85 Crore raised through QIP Equity Shares.
  • No deviation from the objects of the QIP identified.
  • Report issued by Brickwork Ratings India Private Limited.
  • Company to host the report on its website.