Regulatory5 Aug 2026, 09:31 pm
Allcargo Logistics: QIP Proceeds Monitoring Report for June 2026
AI Summary
Allcargo Logistics Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the proceeds raised through a Qualified Institutions Placement (QIP). The report, issued by ICRA Limited, indicates that the utilization of funds was different from the original objects stated in the offer document but aligned with changes approved by the Board of Directors. The company raised ₹169.28 Crore via QIP, with net proceeds of ₹161.12 Crore. The report confirms that utilization is in line with approved changes and no major deviations were observed compared to previous reports. The information is also available on the company's website.
Key Highlights
- Monitoring Agency Report for QIP proceeds submitted for June 30, 2026.
- Fund utilization deviates from offer document but aligns with Board-approved changes.
- QIP raised ₹169.28 Crore; net proceeds were ₹161.12 Crore.
- No major deviations observed from prior monitoring reports.
- Report confirms adherence to SEBI Listing Regulations.
Price Impact
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