Regulatory6 May 2026, 07:21 pm
Meesho Monitoring Agency Report for Quarter Ended March 31, 2026
AI Summary
Meesho Ltd has released the Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of funds raised through its IPO. The report, in compliance with SEBI regulations, indicates no deviations from the IPO's stated objectives. Net proceeds from the IPO were revised to ₹41,004.90 million due to lower-than-estimated issue expenses. The report is available on the company's website.
Key Highlights
- Meesho releases Monitoring Agency Report for Q4 ended March 31, 2026.
- CRISIL Ratings Limited issued the report on IPO fund utilization.
- No deviations reported from the IPO's stated objectives.
- Net IPO proceeds revised to ₹41,004.90 million.
- Report complies with SEBI regulations.
Price Impact
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