Regulatory14 May 2026, 04:41 pm
LCC Infotech Fully Utilizes Preferential Issue Funds
AI Summary
LCC Infotech Ltd. announced that it has fully utilized the proceeds from its preferential issue, as per the Monitoring Agency Report dated May 13, 2026, issued by Brickwork Ratings India Private Limited. The funds, totaling ₹121.76 crore, were raised through the preferential issue of equity shares and fully convertible equity warrants. The report, in compliance with SEBI LODR Regulations, confirms that the funds were used for the purposes stated in the offer documents for the quarter ended March 31, 2026.
Key Highlights
- LCC Infotech utilized ₹121.76 crore raised via preferential issue.
- Brickwork Ratings confirms full utilization as per SEBI regulations.
- Funds used for purposes stated in offer documents.
- Report covers quarter ended March 31, 2026.
Price Impact
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