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Regulatory14 Aug 2026, 07:51 pm

Afcom Holdings QIP Proceeds Utilisation Report Filed

AI Summary

Afcom Holdings Ltd has submitted its first monitoring agency report for the quarter ended June 30, 2026, detailing the utilization of Qualified Institutional Placement (QIP) proceeds. The company raised ₹199.85 Crore through QIP equity shares. The report, prepared by Brickwork Ratings India Private Limited, indicates no deviation from the stated objects of the issue. The company will also host this report on its website.

Key Highlights

  • QIP proceeds of ₹199.85 Crore utilized for stated objects.
  • No deviation reported in the utilization of funds.
  • Monitoring Agency Report for QIP proceeds submitted.
  • Report covers the quarter ended June 30, 2026.
  • Afcom Holdings will host the report on its website.