StockWatch
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Civil Construction
Regulatory11 Aug 2026, 08:50 pm

Om Power Transmission IPO Proceeds Monitored by CRISIL

AI Summary

Om Power Transmission Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, as per SEBI regulations. CRISIL Ratings Limited, the appointed Monitoring Agency, has reviewed the utilization of proceeds from the company's Initial Public Offer (IPO). The report confirms that there were no deviations from the stated objects of the issue. The Audit Committee and Board of Directors have reviewed and approved the report. The company has uploaded this information on its website.

Key Highlights

  • CRISIL monitors Om Power Transmission's IPO proceeds utilization.
  • Report covers the quarter ended June 30, 2026.
  • No deviation from the objects of the issue noted.
  • Report approved by Audit Committee and Board of Directors.
  • Information available on the company's website.