Regulatory15 Jul 2026, 04:08 pm
Himadri Speciality Chemical: No Deviation in Preferential Issue Proceeds Utilization
AI Summary
Himadri Speciality Chemical Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by ICRA Limited. The report confirms that the utilization of proceeds from the Preferential Issue of Warrants, amounting to ₹341.8172 Crores, is in line with the stated objects of the issue. There has been no deviation observed in the utilization of funds. The report is prepared as per SEBI regulations and does not constitute an audit or assurance on the quality or outcome of the spending.
Key Highlights
- Monitoring Agency Report confirms no deviation in fund utilization.
- Proceeds from Preferential Issue of Warrants utilized as per objects.
- Issue size was ₹341.8172 Crores via 108,17,000 warrants.
- ICRA Limited acted as the Monitoring Agency.
- Report covers utilization for the quarter ended June 30, 2026.
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