StockWatch
·
Auto Components & Equipments
Rights Issue12 Aug 2026, 08:40 pm

Automobile Products of India Ltd: Monitoring Agency Report for Rights Issue

AI Summary

Automobile Products of India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Infomerics Valuation and Rating Limited, pertains to the utilization of proceeds from the company's Rights Issue of equity shares aggregating to ₹14.00 lakh (₹0.14 crore). The report indicates no deviation from the objects for which the issue proceeds were earmarked. This filing is in compliance with SEBI Listing Regulations and SEBI ICDR Regulations. The report is also available on the company's website.

Key Highlights

  • Monitoring Agency Report for Rights Issue proceeds submitted.
  • Report covers quarter ended June 30, 2026.
  • No deviation from utilization of Rights Issue proceeds.
  • Filed as per SEBI Listing and ICDR Regulations.
  • Infomerics Valuation and Rating Limited is the Monitoring Agency.