Regulatory10 Aug 2026, 04:51 pm
Astra Microwave Products: Monitoring Report for Preferential Issue Proceeds
AI Summary
Astra Microwave Products Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Preferential Issue. The report, issued by CRISIL Ratings Limited, indicates that no proceeds were utilized during the specified quarter. The company's preferential issue, which raised ₹173.99 crore, was conducted between June 23-24, 2025. The report confirms that all utilization, as per the offer document, is in order, with management providing necessary undertakings and certifications.
Key Highlights
- Monitoring Agency Report submitted for preferential issue proceeds.
- No utilization of funds reported for the quarter ended June 30, 2026.
- Issue size was ₹173.99 crore via preferential issue.
- CRISIL Ratings Limited is the monitoring agency.
- Utilization is confirmed to be as per offer document disclosures.
Price Impact
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