Rights Issue11 Aug 2026, 05:31 pm
AvenuesAI Ltd: No Deviation in Rights Issue Fund Utilization for Q2 2026
AI Summary
AvenuesAI Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by CARE Ratings Limited. The report confirms that there has been no variation or deviation in the utilization of funds raised through its Rights Issue, which aggregated to ₹699.99 crore. The company has also made these details available on its website. The report adheres to SEBI regulations and the Monitoring Agency Agreement, providing an objective view of fund utilization based on provided information.
Key Highlights
- No deviation reported in the utilization of Rights Issue proceeds.
- Report covers the quarter ended June 30, 2026.
- Monitoring Agency is CARE Ratings Limited.
- Rights Issue size was ₹699.99 crore.
- Details are available on the company website.
Price Impact
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