Regulatory15 May 2026, 08:41 pm
PDS Ltd: Monitoring Agency Report for Qtr Ended March 2026
AI Summary
PDS Limited submitted the Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, as per SEBI regulations, regarding the utilization of proceeds from its Qualified Institutional Placement (QIP). The report, reviewed by the Audit Committee and Board of Directors on May 15, 2026, confirms no deviation in the use of QIP proceeds. The QIP issue size was ₹43,000 lakhs, with net proceeds of ₹41,055.96 lakhs after deducting offer expenses.
Key Highlights
- PDS Ltd reports no deviation in QIP proceeds utilization for Q1 2026.
- CRISIL Ratings Limited issued the Monitoring Agency Report.
- QIP issue size was ₹43,000 lakhs with net proceeds of ₹41,055.96 lakhs.
- Report reviewed and approved by Audit Committee and Board on May 15, 2026.
- Remaining issue expenses of ₹85.55 lakhs are unspent.
Price Impact
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