StockWatch
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Depositories- Clearing Houses and Other Intermediaries
Rights Issue14 Aug 2026, 08:32 pm

Jaykay Enterprises: No Deviation in Rights Issue Proceeds Utilization

AI Summary

Jaykay Enterprises Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Acuite Ratings & Research Limited, confirms no deviation in the utilization of proceeds from the company's Rights Issue. The issue size was ₹146.14 crore, and the monitoring agency reviewed documents including bank statements, invoices, and auditor certificates. While utilization is noted as delayed, no material deviations from the objects of the issue were observed. The disclosure will be hosted on the company's website.

Key Highlights

  • Monitoring Agency Report confirms no deviation in rights issue proceeds.
  • Rights Issue size was ₹146.14 crore.
  • Utilization of proceeds is noted as delayed.
  • Report issued by Acuite Ratings & Research Limited.
  • Disclosure to be hosted on the company's website.