Regulatory14 Aug 2026, 10:10 pm
Midwest Energy Ltd: Monitoring Agency Report for Q1 FY27
AI Summary
Midwest Energy Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Infomerics Valuation and Rating Limited, confirms no deviation from the objects for which funds were raised through a preferential issue of ₹200.00 crore. The Audit Committee and Board of Directors have reviewed and noted the report. The monitoring agency declared that the utilization of issue proceeds aligns with the earmarked objectives, providing a true and fair view.
Key Highlights
- Monitoring Agency Report for Q1 FY27 submitted.
- No deviation in utilization of preferential issue proceeds.
- Funds raised were ₹200.00 crore via preferential issue.
- Report reviewed by Audit Committee and Board of Directors.
- Infomerics Valuation and Rating Limited is the monitoring agency.
Price Impact
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