StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue13 Nov 2026, 07:21 pm

Panafic Industrials: Monitoring Agency Report Filed for Rights Issue

AI Summary

Panafic Industrials Ltd (now Panafic Investment & Finance Limited) has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, prepared by Infomerics Valuation and Rating Limited, confirms that the proceeds from the company's Rights Issue of equity shares, amounting to ₹41.06 crore, have been fully utilized for the objects specified in the offer document. No deviation in the utilization of funds was observed. This report marks the final monitoring agency report as all proceeds have been utilized.

Key Highlights

  • Monitoring Agency Report submitted for Rights Issue proceeds.
  • Funds fully utilized for specified objects; no deviation noted.
  • Report covers the quarter ended September 30, 2026.
  • Infomerics Valuation and Rating Limited acted as the Monitoring Agency.
  • This is the final report as all proceeds are utilized.