Regulatory11 Aug 2026, 08:40 pm
Merritronix Files Monitoring Agency Report for IPO Proceeds
AI Summary
Merritronix Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds raised through its Initial Public Offer (IPO). The report, prepared by Brickwork Ratings (BWR), confirms no deviation from the IPO's stated objects. The IPO raised ₹70.03 Crore through a Fresh Issue of Equity Shares. The report has been reviewed by the company's Audit Committee and is being made available on the company's website as per regulatory requirements.
Key Highlights
- Monitoring Agency Report filed for Q2 FY26.
- No deviation reported in IPO fund utilization.
- Funds raised via Fresh Issue of Equity Shares.
- IPO proceeds amounted to ₹70.03 Crore.
- Report prepared by Brickwork Ratings.
Price Impact
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