Rights Issue3 Nov 2026, 08:40 pm
Jyoti Structures: Rights Issue Proceeds Utilization Report Q2 FY27
AI Summary
Jyoti Structures Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Rights Issue II. The report, prepared by CARE Ratings Limited, indicates no deviation from the objects of the issue. However, it notes that ₹23.49 crore of the issue proceeds remain unutilized as of September 30, 2026, despite the original utilization timeline ending on March 31, 2026. The total issue size was Rs. 499.09 crore, revised to Rs. 459.59 crore due to 92.11% subscription.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted.
- No deviation in utilization of Rights Issue II proceeds.
- ₹23.49 crore remains unutilized as of Sep 30, 2026.
- Utilization timeline expired on March 31, 2026.
Price Impact
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