Rights Issue13 May 2026, 03:16 pm
Ethos Ltd: Monitoring Agency Report for Quarter Ended March 31, 2026
AI Summary
Ethos Ltd has released the Monitoring Agency Report by CRISIL Ratings Limited regarding the utilization of proceeds from its Rights Issue for the quarter ended March 31, 2026. The report, in compliance with SEBI regulations, confirms that the proceeds were utilized towards General Corporate Purposes (GCP) as disclosed in the Offer Document dated June 06, 2025. The Monitoring Agency declares an objective view based on provided information, without performing an audit or independent verification. No deviations from the stated objectives were noted.
Key Highlights
- Ethos Ltd's Monitoring Agency Report for Q4 2026 was issued by CRISIL Ratings Limited.
- The report confirms utilization of Rights Issue proceeds for General Corporate Purposes.
- No deviations from the objects stated in the Offer Document were reported.
- The report is compliant with SEBI (ICDR) Regulations, 2018.
- CRISIL Ratings states no conflict of interest in monitoring the utilization of proceeds.
Price Impact
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