Corporate Governance9 Nov 2026, 05:40 pm
Northern Arc Capital: Final IPO Proceeds Utilization Report Filed
AI Summary
Northern Arc Capital Limited has filed the Final Monitoring Agency Report regarding the utilization of proceeds from its Initial Public Offer (IPO). The report, issued by CRISIL Ratings Limited, confirms that the proceeds raised through the public issue have been fully utilized for the purposes stated in the company's prospectus. This marks the conclusion of the monitoring agency's oversight on IPO fund utilization.
Key Highlights
- Final Monitoring Agency Report submitted for IPO proceeds.
- CRISIL Ratings Limited issued the report.
- All IPO proceeds have been fully utilized.
- This is the final report on utilization.
- Report covers utilization for the quarter ended September 30, 2026.
Price Impact
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