Rights Issue13 May 2026, 07:01 pm
AvenuesAI Rights Issue: No Fund Deviation in Q4 FY26
AI Summary
AvenuesAI Ltd's monitoring agency report by CARE Ratings for the quarter ended March 31, 2026, indicates no deviation in the utilization of proceeds from the company's Rights Issue. The ₹699.99 crore Rights Issue was monitored as per SEBI regulations, with the report confirming adherence to the intended use of funds. The details are available on the company's website.
Key Highlights
- CARE Ratings reports no deviation in AvenuesAI's Rights Issue fund utilization for Q4 FY26.
- The Rights Issue amounted to ₹699.99 crore.
- Monitoring was conducted according to SEBI regulations.
- Report confirms adherence to intended use of funds.
Price Impact
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