Corporate Governance26 Oct 2026, 05:40 pm
Brigade Hotel Ventures: Monitoring Agency Report for Q2 FY27
AI Summary
Brigade Hotel Ventures Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, details the utilization of proceeds from its Pre-IPO Placement and Initial Public Offering (IPO). The company confirmed nil deviation from the stated objects and nil range of deviation in the utilization of funds raised, which aggregated to ₹126 crore. The Audit Committee has reviewed and considered this report.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted.
- No deviation in utilization of IPO/Pre-IPO placement proceeds.
- Funds raised amounted to ₹126 crore.
- Report reviewed by the Audit Committee.
Price Impact
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