StockWatch
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Non Banking Financial Company (NBFC)
Regulatory13 Aug 2026, 05:03 pm

Finkurve Financial Services: Monitoring Agency Report Filed

AI Summary

Finkurve Financial Services Ltd has filed the Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CRISIL Ratings Limited, pertains to the utilization of proceeds from a Preferential Issue of Equity Shares and Share Warrants. The issue proceeds were revised from ₹157.11 crores to ₹141.50 crores due to undersubscription. The report confirms that the utilization of proceeds is in line with the objects of the issue, with no deviations noted. The draft report was reviewed by the Audit Committee and taken on record by the Board of Directors.

Key Highlights

  • Monitoring Agency Report filed for Q2 2026.
  • Proceeds utilization from Preferential Issue reviewed.
  • Issue size revised to ₹141.50 crores.
  • No deviations reported in utilization of funds.
  • Report issued by CRISIL Ratings Limited.