Regulatory13 May 2026, 04:11 pm
M&B Engineering: Monitoring Agency Report for Mar 2026
AI Summary
M&B Engineering Limited submitted a Monitoring Agency Report by Crisil Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of IPO proceeds. The report, in compliance with SEBI regulations, indicates no deviation from the IPO's stated objectives. Crisil Ratings confirms an objective view based on provided information, without independent verification, and disclaims responsibility for losses from its use.
Key Highlights
- M&B Engineering submits Monitoring Agency Report for quarter ended March 31, 2026.
- Crisil Ratings Limited issued the report on IPO proceeds utilization.
- Report confirms no deviation from IPO objectives as of March 31, 2026.
- Gross proceeds from the fresh issue were ₹2,750.00 million.
- Net proceeds after issue expenses (₹156.80 million) were ₹2,593.20 million.
Price Impact
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