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Corporate Governance5 Nov 2026, 09:12 pm

Armee Infotech: Monitoring Agency Report for ₹300 Cr Public Issue

AI Summary

Armee Infotech Ltd has filed its first Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Public Issue of Equity Shares. The report, prepared by Brickwork Ratings India Private Limited, confirms no deviation from the stated objects for the utilization of the ₹300.00 Crore raised. As of September 30, 2026, ₹299.98 Crore had been transferred to the company's designated account, with the full ₹300.00 Crore credited by October 03, 2026. The disclosure is also available on the company's website.

Key Highlights

  • Monitoring Agency Report filed for Q3 2026.
  • ₹300 Crore raised via Public Issue of Equity Shares.
  • No deviation reported in utilization of funds.
  • Full proceeds credited to company account by Oct 3, 2026.