Kiri Industries: Monitoring Agency Report for Preferential Issue Proceeds

Kiri Industries Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CRISIL Ratings Limited, details the utilization of proceeds from a Preferential Issue of Warrants Convertible into Equity Shares. The issue size was ₹492.02 Crores. The report confirms that the proceeds were utilized for working capital, legal payments, and other specified purposes as per the offer document. There were no deviations from the stated objects of the issue during the reported quarter. CRISIL Ratings acted as the monitoring agency as per SEBI regulations.