Regulatory15 May 2026, 05:21 pm
Healthy Life Agritec: No Deviation in Rights Issue Funds
AI Summary
Healthy Life Agritec Ltd's monitoring agency, CARE Ratings Limited, reported no deviation in the utilization of funds raised through the Rights Issue for the quarter ended March 31, 2026. The report, pursuant to Regulation 32(6) of SEBI guidelines, was reviewed by the Audit Committee. The Rights Issue aggregated to ₹24.81 crore. The monitoring agency confirmed that the proceeds were utilized as stated in the issue's objectives.
Key Highlights
- CARE Ratings reports no deviation in Healthy Life Agritec's Rights Issue fund utilization.
- The Rights Issue aggregated to ₹24.81 crore.
- The report was reviewed by the Audit Committee.
- Monitoring is pursuant to SEBI (Listing Obligations) Regulations, 2015.
- Report confirms funds used as stated in the issue's objectives.
Price Impact
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