StockWatch
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Industrial Products
Corporate Governance5 Nov 2026, 04:10 pm

Merritronix Ltd: Monitoring Agency Report for Q2 FY27

AI Summary

Merritronix Ltd has submitted its Second Monitoring Agency Report for the quarter ended September 30, 2026. This report, prepared by Brickwork Ratings, details the utilization of funds raised through the company's Initial Public Offer (IPO). The IPO raised ₹70.03 Crore through a Fresh Issue of Equity Shares. The report confirms no deviation from the stated objects of the issue. Brickwork Ratings has declared that the report is based on information provided by the issuer and other reliable sources, and that there is no perceived conflict of interest.

Key Highlights

  • Monitoring Agency Report submitted for Q2 FY27.
  • Funds utilized from IPO proceeds of ₹70.03 Crore.
  • No deviation from the objects of the issue.
  • Report prepared by Brickwork Ratings.
  • Confirms no conflict of interest by the agency.