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Regulatory14 May 2026, 12:05 pm

IRM Energy: Monitoring Agency Report for Q4 FY26

AI Summary

IRM Energy Ltd has released the Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of IPO proceeds. The report, dated May 12, 2026, confirms no deviations from the stated objectives of the IPO. The initial public offering (IPO) of equity shares occurred between October 18, 2023, and October 20, 2023, with a fresh issuance of ₹5,449.96 million, and net proceeds of ₹4,957.59 million being monitored by Crisil Ratings.

Key Highlights

  • CRISIL Ratings issued a Monitoring Agency Report for Q4 FY26.
  • The report confirms no deviation from IPO objectives.
  • IRM Energy's IPO issued ₹5,449.96 million in fresh shares.
  • Crisil is monitoring net IPO proceeds of ₹4,957.59 million.
  • The report is in compliance with SEBI regulations.
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IRMENERGY
LPG/CNG/PNG/LNG Supplier
IRM Energy Ltd

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