Regulatory15 May 2026, 12:48 pm
HRS Aluglaze Funds Utilization Monitoring Report for March 2026
AI Summary
HRS Aluglaze Ltd. released a monitoring agency report by Brickwork Ratings for the quarter ended March 31, 2026, concerning the utilization of funds raised through its IPO. The report, prepared as per SEBI regulations, indicates no deviation from the stated objectives of the IPO. The funds raised through the fresh issue of equity shares aggregated to ₹50.92 Crore. Brickwork Ratings declares no conflict of interest and confirms the report provides a fair view based on provided information.
Key Highlights
- HRS Aluglaze releases monitoring report for quarter ended March 31, 2026.
- Brickwork Ratings is the monitoring agency for IPO fund utilization.
- No deviations reported in the utilization of funds raised through IPO.
- Funds raised through fresh issue of equity shares totaled ₹50.92 Crore.
- Report confirms no conflict of interest by the monitoring agency.
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