Rights Issue21 May 2026, 12:52 pm
Mehai Tech: Monitoring Agency Report for Rights Issue
AI Summary
Mehai Technology Ltd's Monitoring Agency Report for the quarter ended March 31, 2026, regarding its Rights Issue of equity shares, has been issued by Careedge Ratings. The report, related to a ₹74.11 crore Rights Issue, highlights that Care Ratings Limited is unable to comment on deviations in the utilization of right issue proceeds due to the absence of requisite information, including a CA certificate and supporting documents. The report is prepared on a best-efforts basis due to incomplete information.
Key Highlights
- Careedge Ratings issued the Monitoring Agency Report for Mehai Technology's Rights Issue.
- The report covers the quarter ended March 31, 2026.
- Careedge could not assess deviation in funds use due to missing information.
- The Rights Issue amount aggregated to ₹74.11 crore.
- Report prepared without complete information from the issuer.
Price Impact
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