Regulatory27 Oct 2026, 03:19 pm
Morepen Labs: Monitoring Agency Report for QIP Proceeds (Sep 2026)
AI Summary
Morepen Laboratories Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, confirms nil deviation in the utilization of proceeds from its Qualified Institutions Placement (QIP) issue of Rs. 200.00 crore. This filing is in compliance with SEBI regulations regarding the monitoring of QIP proceeds.
Key Highlights
- Monitoring Agency Report submitted for QIP proceeds.
- No deviation reported in utilization of Rs. 200 crore QIP funds.
- Report covers the quarter ending September 30, 2026.
- Issued by CARE Ratings Limited as per SEBI regulations.
Price Impact
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