Regulatory12 Aug 2026, 06:14 pm
GRM Overseas: Monitoring Agency Report for Preferential Issue
AI Summary
GRM Overseas Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from a Preferential Issue of 90,70,000 Fully Convertible Warrants. The issue aggregated to Rs. 136.05 crore. CARE Ratings Limited, the monitoring agency, has confirmed that there were no deviations from the objects of the issue. The report is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Monitoring Agency Report submitted for Q2 FY27.
- Preferential issue of warrants raised Rs. 136.05 crore.
- No deviation reported in utilization of issue proceeds.
- Report issued by CARE Ratings Limited.
- Compliance with SEBI Listing Regulations confirmed.
Price Impact
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