StockWatch
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Non Banking Financial Company (NBFC)
Quarterly Updates13 May 2026, 07:21 pm

Laxmi India Finance: Monitoring Agency Report for Mar 2026

AI Summary

Laxmi India Finance Ltd has released the Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, as per SEBI regulations. The report pertains to the utilization of ₹165.17 crore raised through the IPO. CARE Ratings confirms no deviations from the stated objectives in the offer document. The report declares an objective view of the utilization of issue proceeds based on information provided by the Issuer.

Key Highlights

  • CARE Ratings reports no deviation from IPO objectives for Laxmi India Finance.
  • The report covers the utilization of ₹165.17 crore IPO proceeds.
  • Monitoring Agency confirms no conflict of interest during the monitoring process.
  • Proceeds utilized for objectives mentioned in the offer document.