Corporate Governance3 Nov 2026, 11:21 pm
Dhoot Transmission: Monitoring Agency Report for IPO Proceeds (Q2 FY27)
AI Summary
Dhoot Transmission Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Initial Public Offering (IPO). The report, issued by CARE Ratings Limited, confirms that the IPO proceeds have been utilized appropriately for the objects stated in the offer document. There were no deviations from the disclosed expenditures or changes in the means of finance for the stated objects. The company raised Rs. 3,066.89 crore through its IPO, with Rs. 1400 crore from the fresh issue.
Key Highlights
- IPO proceeds utilized as per offer document.
- No deviations in expenditure or means of finance.
- Report covers Q2 FY27 utilization.
- IPO size was Rs. 3,066.89 crore.
- Monitoring Agency: CARE Ratings Limited.
Price Impact
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