Regulatory11 May 2026, 10:34 am
Carysil Ltd: Monitoring Agency Report for March 2026
AI Summary
Carysil Ltd submitted a Monitoring Agency Report by ICRA Limited for the quarter ended March 31, 2026, in compliance with SEBI regulations. The report monitors the utilization of funds raised through Qualified Institutions Placement (QIP). ICRA confirms no material deviation from the issue's objectives, with proceeds used in line with stated goals. The net proceeds from the QIP were ₹121.65 Crore.
Key Highlights
- ICRA Limited is the Monitoring Agency for Carysil's QIP.
- No material deviation from the objects of the issue was observed.
- Net proceeds from the QIP were ₹121.65 Crore.
- The report confirms compliance with SEBI regulations regarding fund utilization.
Price Impact
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