Regulatory7 Aug 2026, 07:01 pm
Hitachi Energy India: QIP Proceeds Monitoring Report Filed
AI Summary
Hitachi Energy India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Crisil Ratings Limited, pertains to the utilization of proceeds raised through a Qualified Institutional Placement (QIP) of equity shares. The filing confirms no deviation from the objects for which the funds were raised. The QIP issue, which occurred between March 10-13, 2025, involved up to 21,90,688 equity shares at ₹11,507 per share.
Key Highlights
- Monitoring Agency Report for QIP proceeds filed for June 30, 2026 quarter.
- Crisil Ratings Limited issued the report as per SEBI regulations.
- No deviation reported in the utilization of QIP proceeds.
- QIP involved equity shares issued via Qualified Institutional Placement.
- Issue period was March 10-13, 2025, with shares priced at ₹11,507.
Price Impact
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