
Rights Issue3 Aug 2026, 05:31 pm
Ethos Ltd: Monitoring Agency Report on Rights Issue Proceeds for Q2 2026
AI Summary
Ethos Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Rights Issue. The report, prepared by CRISIL Ratings Limited as per SEBI regulations, indicates that no proceeds were utilized during this quarter. The company is a retailer of watches and watch accessories. The Rights Issue period was from June 30, 2025, to July 03, 2025, with an issue size of up to Rs 40,990.50 lakh. The report confirms that utilization, if any, will be as per the Offer Document, with the Board of Directors to provide their comments on sections not reviewed by the Monitoring Agency.
Key Highlights
- Monitoring Agency Report submitted for Rights Issue proceeds utilization.
- No proceeds utilized by Ethos Ltd during the quarter ended June 30, 2026.
- Report prepared by CRISIL Ratings Limited as per SEBI regulations.
- Rights Issue size was up to Rs 40,990.50 lakh.
Price Impact
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