Rights Issue12 May 2026, 03:49 pm
Ethos Ltd: No Deviation in Rights Issue Proceeds Utilization
AI Summary
Ethos Ltd reports no deviations or variations in the utilization of proceeds from its Rights Issue for the quarter ended March 31, 2026. The funds raised, up to ₹40,990.50 lakh, were intended for funding working capital, general corporate purposes, and issue-related expenses. CRISIL Ratings Limited is the monitoring agency. The company confirms that no proceeds were utilized towards the stated objects during the reported quarter.
Key Highlights
- Ethos Ltd reports no deviation in Rights Issue proceeds for Q4 FY26.
- Rights Issue raised up to ₹40,990.50 lakh on July 4, 2025.
- Funds allocated for working capital, corporate purposes, and issue expenses.
- CRISIL Ratings Limited is the monitoring agency.
- No proceeds were utilized towards the stated objects during the reported quarter.
Price Impact
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