StockWatch
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Gems, Jewellery And Watches
Corporate Governance11 Nov 2026, 08:40 pm

Lalithaa Jewellery IPO: Monitoring Agency Report for Q2 FY27

AI Summary

Lalithaa Jewellery Mart Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by CARE Ratings Limited, confirms that there has been no deviation in the utilization of IPO proceeds (aggregating ₹1,200 crore) from the stated objects. The company's Audit Committee and Board of Directors have reviewed the report. This filing ensures transparency in the use of funds raised through the Initial Public Offering.

Key Highlights

  • Monitoring Agency Report for Q2 FY27 submitted.
  • No deviation in IPO fund utilization confirmed.
  • IPO proceeds amounted to ₹1,200 crore.
  • Report issued by CARE Ratings Limited.
  • Reviewed by Audit Committee and Board of Directors.