Horizon Industrial Parks: Monitoring Agency Report for Q2 FY27
Horizon Industrial Parks Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by CARE Ratings Limited, confirms that the utilization of IPO proceeds totaling Rs. 2600.00 crore is in line with the stated objects of the issue. There were no deviations observed in the utilization of funds, and all arrangements pertaining to technical assistance and collaboration are in operation. The report also confirms that there are no favorable or unfavorable events significantly affecting the viability of the object(s) of the issue.
Key Highlights
- IPO proceeds utilization monitored by CARE Ratings.
- No deviation in fund utilization from stated objects.
- All technical assistance and collaboration arrangements are operational.
- No adverse events impacting project viability noted.
Price Impact
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