StockWatch
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Power Generation
Rights Issue13 Nov 2026, 06:10 pm

Orient Green Power: Monitoring Agency Report for Rights Issue Proceeds

AI Summary

Orient Green Power Company Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. The report, issued by CRISIL Ratings Limited, confirms no deviation in the utilization of proceeds from the Rs. 250 crore Rights Issue. The net proceeds of the issue amounted to ₹24,708.90 lakh (₹247.09 Crore). The report covers the utilization of funds raised through the Rights Issue, which occurred between August 27, 2024, and September 13, 2024.

Key Highlights

  • Monitoring Agency Report submitted for Q3 FY27.
  • No deviation in utilization of Rights Issue proceeds.
  • Rights Issue raised ₹25,000.00 lakh (₹250 Crore).
  • Net proceeds were ₹24,708.90 lakh (₹247.09 Crore).
  • Report issued by CRISIL Ratings Limited.