Jyoti Structures: ₹23.49 Cr Unutilized Rights Issue Funds

Jyoti Structures Ltd has submitted its Monitoring Agency Report for the Rights Issue II-June 2026. The report, prepared by CARE Ratings Limited for the quarter ended June 30, 2026, indicates that Rs. 23.49 crore of the rights issue proceeds remain unutilized. The original issue size was Rs. 499.09 crore, revised to Rs. 459.59 crore due to 92.11% subscription. The offer document stipulated fund deployment by March 31, 2026. The company's Board of Directors, via a resolution dated April 22, 2026, has approved an extension for the implementation timeline. There were no deviations from the stated objects of the issue.