NIBE Ltd: Crisil Ratings Report on Preferential Issue Proceeds

NIBE Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Crisil Ratings Limited. The report pertains to the utilization of proceeds from a Preferential Issue (PI) conducted between February 20, 2026, and March 06, 2026, which raised ₹251.85 crore. Crisil Ratings confirms that the utilization of funds is in line with the objects disclosed in the offer document and no material deviations were noted. The report also states that there has been no change in the means of finance for the disclosed objects. Crisil Ratings acts as the monitoring agency as per SEBI regulations.