Corporate Governance4 Nov 2026, 10:47 am
Krystal Integrated Services IPO Proceeds Monitoring Report Q2 FY27
AI Summary
Krystal Integrated Services Ltd has filed its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by CRISIL Ratings Limited, confirms no deviation from the IPO's stated objects. The Audit Committee reviewed the report, and the Board of Directors has taken it on record. The report will be available on the company's website. The IPO, which concluded on March 18, 2024, raised ₹3,001.25 million, comprising a fresh issuance of ₹1,750.00 million and an offer for sale of ₹1,251.25 million. CRISIL Ratings will monitor the net proceeds of ₹1,633.69 million.
Key Highlights
- Monitoring Agency Report filed for Q2 FY27 (ended Sep 30, 2026).
- CRISIL Ratings confirms no deviation in IPO proceeds utilization.
- Audit Committee and Board of Directors have reviewed and approved the report.
- Report available on Krystal Integrated Services' website.
- IPO raised ₹3,001.25 million; net proceeds of ₹1,633.69 million monitored.
Price Impact
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